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.
Toqio secures major investment to support further expansion and drive its vision of becoming the world's premier fintech SaaS platform.
Innovate UK KTN’s Sustainable Impact Investment Programme chooses 13 sustainable UK startups striving to change the world
.jpg)
Etihad Airways partners with Aerospace Xelerated and Tawazun Economic Council to seek applications from innovative startups that are working in the digital services and solutions area.
.jpg)
New cross-border collaboration project featuring interactive portal and series of networking events to be delivered by TechIreland and Startacus, with support from InterTradeIreland’s Synergy initiative.
In London later this week and interested in learning how AI can help startups scale? Book your ticket now for this free event from Women in AI featuring a panel of industry experts discussing just that.
The latest Funding Review from TechIreland reveals that Irish Startups raised €746M in the first-half 2022 but early-stage rounds have dropped to a five-year low.
The lowdown on Jiminny and its AI-driven system that transcribes and analyses sales conversations with customers and then provides tailored coaching to sales teams.
London-based SaaS startup Evorra has created a data marketplace enabling brands and agencies to build and scale their marketing audiences.
Artist John Kerr set to exhibit a series of personal paintings at The Spot, the urban-art focused gallery in Derry as part of Culture Night 2022.
The lowdown on customer behaviour analysis - what it's all about, the kinds of things that can have an impact on it and how to get it right.
Published on: 13th March 2019
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- TOQIO Secures €20M to be the Platform of Choice for Building New Fintech Solutions 29th Sep 2022 Toqio secures major investment to support further expansion and drive its vision of becoming the world's premier fintech SaaS platform.
- Innovate UK KTN launches its 2022 sustainable impact accelerator programme 28th Sep 2022 Innovate UK KTN’s Sustainable Impact Investment Programme chooses 13 sustainable UK startups striving to change the world
- Etihad Airways Joins Aerospace Xelerated as a Partner for its Fourth Cohort 27th Sep 2022 Etihad Airways partners with Aerospace Xelerated and Tawazun Economic Council to seek applications from innovative startups that are working in the digital services and solutions area.
- TechIreland & Startacus promote cross-border business collaboration with InterTradeIreland support 26th Sep 2022 New cross-border collaboration project featuring interactive portal and series of networking events to be delivered by TechIreland and Startacus, with support from InterTradeIreland’s Synergy initiative.
