Makematic raise £1m to help brands connect with education through bitesize content
by Startacus Admin
With the aim of reaching 1 million classrooms and kitchen tables by 2021, Derry-based EdTech startup Makematic have raised £1m to help brands connect with education through bitesize educational animations and live action videos.
Founded in 2016, educational media company, Makematic, whose clients and partners include Adobe, Microsoft, Crayola and the BBC, have secured a £1,000,000 seed 
investment from Cordovan Capital Partners, Co-Fund NI (ERDF) managed by Clarendon Fund Managers and Techstart Ventures.
The Northern Ireland company, who partner with high-profile brands and non-profits to produce and distribute short, educational animations and live action videos, will now use the funds to expand its sales and marketing efforts and launch a new video-on-demand platform for teachers and parents.
With the aim of reaching 1 million classrooms and kitchen tables by 2021, MakeMatic create content for educators and families so that students can build their creativity and innovation skills.
Formal education budgets are under constant pressure and at the same time students, schools and teachers are being asked to do more, and cover more ground, than ever. EdTech companies such as Makematic, CENTURY Tech and Perlego are all helping to bridge that gap, with tech solutions, that in various ways, can help support both the sutdent and the institutions.
Co-founders Catherine Ross-Davies and Mark Nagurski, said: “We want to change the way brands engage in education – making it more impactful and sustainable for them, more useful for teachers and parents and more engaging for students.”
“For us that starts with great content. So we’ve spent three years bringing together an amazing team and establishing partnerships across the UK and USA. Now, we’re delighted to have found a team of investors who understand the scale of the opportunity. With their backing we can move even faster towards our aim of reaching 1 million classrooms and kitchen tables by 2020.“
Stephen McClelland, Cordovan Capital Partners Investment Director, said: “We are delighted to have led this investment round in Makematic. We have great faith in the management team and the highly experienced group of employees, and look forward to helping them grow Makematic into a leading player in the global education sector.”
Ryan McAnlis of Techstart Ventures said: “Mark and Catherine have moved at pace to establish Makematic as a credible supplier in its chosen market. We look forward to working with the team to achieve their growth ambitions.”
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.
Wilton London exceeds crowdfunding target to support its aim of becoming the UK’s number one eco household cleaning brand
TestGorilla is a startup that's on a mission to help you identify the best candidates and make your hiring decisions faster, easier, and bias-free
Major investment for her1, the digital health impact company that's dedicated entirely to female wellbeing...
Major boost for the NI economy as nanotechnology consortium, Smart Nano NI awarded £42.4m by the Strength in Places Fund to support development of new technology for medical devices, communication and data storage.
As the pandemic may still have an impact on your business in the long term - here are a few things to consider...
Need an organised process to manage the inventory in your startup? Here are a few of the key things to consider...
Ntropy secures major investment to help with expansion of its team, support market growth and future product development.
.jpeg)
Want to make your mark on your industry and elevate your business exposure? These tips will help you do just that...
.jpg)
SKOOT, the only carbon negative green navigation app for drivers launches crowdfunding campaign to help drive its growth and offset vehicle carbon as lockdown eases
.jpeg)
Need to make changes in your business? Karen Dunne-Squire, founder of Elation Experts shares tips and advice on how best to do just that
Published on: 13th March 2019
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Smart Nano NI awarded £42.4m funding from UKRI 22nd Jul 2021 Major boost for the NI economy as nanotechnology consortium, Smart Nano NI awarded £42.4m by the Strength in Places Fund to support development of new technology for medical devices, communication and data storage.
- Ntropy Raises $3.2M for its innovative data platform 20th Jul 2021 Ntropy secures major investment to help with expansion of its team, support market growth and future product development.
- SKOOT plans to accelerate growth with new crowdfunding campaign 20th Jul 2021 SKOOT, the only carbon negative green navigation app for drivers launches crowdfunding campaign to help drive its growth and offset vehicle carbon as lockdown eases
- Collective Benefits raises £6m to help expand the safety net for independent workers 14th Jul 2021 Innovative insurtech Collective Benefits raises investment to support expansion plans and development of new products and services for independent workers
