Magikbee - reimagining kids’ learning and screen time
by Startacus Admin
Portugal-based EdTech startup Magikbee, who are on a mission to reimagine kids’ learning by using 
the childs own world to teach in a fun and engaging way, secures a further $250,000 round of funding, that will help the company to continue to develop its edtech portfolio.
Aiming to reimagine screen time by creating an ecosystem that promotes active fun and learning, over the past two years, the award-
winning company has introduced a number of innovative technologies in the education segment, including Magik Play, aset of interactive building blocks that synch with the iPad, and a video streaming app for preschoolers called kiddZtube.
In addition, building on the same technology found in Magik Play, the company recently launched Magik Book - a paper catalogue that links to a tablet, with digital content synchronised to each page.
Magikbee has earned several international recognitions including as a finalist of the Silicon Valley World Cup Tech Challenge in the AR/VR category, finalist of the Prémio Nacional Industrias Criativas and a STEM award from Purdue University in the US.
The funds raised will now be used to roll out an SaaS platform for Magik Book, aimed at small businesses looking to
use this technology as a marketing tool. At the same
time, the company intends to further expand the content and customer features of its video app, kiddZtube.
The latest round values the company at $3.3 million and is funded by Portuguese angel investor Ideias Glaciares, which also led the first round, Bluemind Investments and a private investor, James Fitzgerald, Global Vice-President of Silicon Valley-based cloud services company ServiceNow.
James, who will join Magikbee’s Board, successfully led ServiceNow’s expansion in Asia and has years of international experience across the globe that will be critical to Magikbee’s growth.
“We are delighted to have investors that share our vision and our passion. This round represents an important milestone in the company’s strategy, allowing us to expand the team, strengthen the product offering and test the market with some new products,” explains Hugo Ribeiro, Magikbee CEO.
If you like the sound of this edtech startup you might want to read up on:
- Spotify for textbooks Perlego raises $4.8m
-
Mrs Wordsmith - The EdTech startup for kids that's making learning new words a doddle
-
Toppa wants to be the Netflix of bitesize learning
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
 (1).png)
The UK’s fastest-growing plant-based meat brand, THIS™ set to launch Seedrs campaign to support further innovation, bold marketing and international expansion.
Voicy, the online content platform for discovering, creating and sharing sound-clips and sound-effects secures investment to support team expansion and global growth.
.jpg)
Career Masterclass has launched a new website to showcase its offerings, as a strategic partner for businesses wanting to bolster D&I policies.
NI Startup? Fancy showcasing your startup at this year's Digital DNA event? We've got up to 10 spaces for NI startups to do just that. Here's the details!
Germany's leading digital solar platform, Zolar secures major investment to support roll out of new digital energy products.
Metro Bank seeks startups and scaleups with a focus on customer experience, community banking, optimisation of systems & data and sustainability for its second innovation lab.
Need a little extra motivation to get your daily step count up? Treekly will help you do your bit for the climate crisis with every step you take...
The lowdown on London-based SaaS startup Adadot and its innovative performance and wellbeing tracking platform for developers.
.jpg)
Henrik Grim, European GM of Capchase shares insights on how founders can navigate these more challenging funding conditions.
Storyblok secures major investment to further accelerate product innovation and growth into the US and Europe.
Published on: 17th September 2018
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Voicy lands €1.2 million pre-Seed from Global Founders Capital to build the GIPHY for sound 20th May 2022 Voicy, the online content platform for discovering, creating and sharing sound-clips and sound-effects secures investment to support team expansion and global growth.
- Zolar Lands €100 Million Series C On The Back Of Surging Demand For Affordable Green Energy 19th May 2022 Germany's leading digital solar platform, Zolar secures major investment to support roll out of new digital energy products.
- Metro Bank opens call for participants for second Magic Makers programme 17th May 2022 Metro Bank seeks startups and scaleups with a focus on customer experience, community banking, optimisation of systems & data and sustainability for its second innovation lab.
- Storyblok Raises $47M Series B to Make Headless Content Management the New Standard 17th May 2022 Storyblok secures major investment to further accelerate product innovation and growth into the US and Europe.
