Startacus
Join Now! /

Magikbee - reimagining kids’ learning and screen time

Startacus RSS

by Startacus Admin

Portugal-based EdTech startup Magikbee, who are on a mission to reimagine kids’ learning by using Magikbeethe 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-Magikbeewinning 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 toMagikbee 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: 

 


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.
Startacus RSS
Business DealsSubmit Your Startup
Win TicketsNetwork and Collaborate
Our Latest Features



Published on: 17th September 2018

If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.


Create an Idea!View Other Ideas, Projects or Startups
Why not Sign Up?
Create Projects
Edit Projects
Self Interviews
Self Starter of the Year
Product Giveaways
Subscribe to our Newsletter
Startacus
Check us out at our Google+ page!