NEON advises Edurino on € 10.5 million Series A financing round

2 March 2023 | NEON has advised EdTech startup Edurino on their €10.5 million Series A financing round.

Founded in 2021 by Franziska Meyer and Irene Klemm, Edurino’s mission is to provide children with a safe introduction to digital learning through the magic of games. Parents and educators are given the right tools to support children’s development.

In the long term, Edurino as a personalized learning platform wants to support children as they grow up in the 21st century . After only one year on the market, more than 100,000 products have been sold to families and the hybrid learning concept for digital preschool lessons is being used in over 160 educational institutions. In addition to lead investor DN Capital, Tengelmann Ventures, FJ Labs and existing investors btov, Jens Begemann and Emerge Education also participated in the round.

With the fresh capital, Edurino aims to expand globally and further develop its product offering for preschool and elementary school children as well as features for parents and educators. In the long term, Edurino aims to become the world’s first personalized e-learning platform for children, bridging the gap between families and educational institutions.

Background:

In addition to investors, NEON also regularly advises emerging startups during the founding phase and in subsequent financing rounds. The team of NEON has already advised Edurino in the context of the two previous financing rounds.