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.
Frolo is a social networking app on a mission to connect single parents to likeminded single parents living in the same area.
Know Your Money, the independent financial comparison website, recently conducted research to find out which UK cities are best to start a business outside of the capital.
University digital academy SurreyIDEA, to scrap tuition fees like a conventional university, for investment in their students’ enterprises.
Starting up a business is difficult. To help, here are 5 things you need as a startup business.
Creating a website can be both costly and time-consuming. So here's 7 ways you can build a budget-friendly website.
Premium fashion resale service Cudoni secures £1.4m investment to support brand growth internationally at a time when the secondary fashion market is booming fuelled by consumer concerns for sustainability.
ESTHER, a pocket-to-pocket giving app which allows a user to give directly to an individual living in poverty, wins an all-expenses paid trip to New York.
The FinTech startup that's using blockchain to make the financial side of filmmaking easier
The London based startup that's created a game that inspires children to code and teaches professional programming skills.
So much is written about how people should go about starting a business, but little is said about whether someone should start one! These are the question we should be asking...
Published on: 17th September 2018
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- ESTHER set for success with New York prize 24th Jun 2019 ESTHER, a pocket-to-pocket giving app which allows a user to give directly to an individual living in poverty, wins an all-expenses paid trip to New York.
- Experiential learning initiative mTech.Academy to build on year 1 success 20th Jun 2019 NI experiential learning initiative mTech.Academy announces plans to expand it's programme for the 2019/20 academic year.
- Stashbee announces £1.6m funding round on Seedrs 17th Jun 2019 Stashbee, the online sharing-economy platform for storage space, has announced a £1.6m funding round on leading European investment platform Seedrs.
- The upSTART finalists at Digital DNA 2019 13th Jun 2019 upSTART, the startup pitch competition at Digital DNA 2019 will see over 20 disruptive NI-based startups pitch to determine who will win an all-expenses paid trip to explore the New York tech scene.
