Early learning reading company Bookr Kids has raised €2 million in new funding and a further €2 million in convertible note, EU Startups has reported.
The funding round was led by Bonitas, a private venture capital firm owned by billionaire Sándor Csányi.
Founded in 2015, Bookr Kids provides interactive e-books and apps featuring illustrations and animations to help understand the texts.
The company stated it will use the funding to introduce its English-learning literacy programme Bookr Class to the global education market. It will also develop more content and a more comprehensive curriculum, including “21st-century skills”, such as creativity, communication, collaboration and critical thinking.
Dorka Horvath, founder and chief executive of Bookr Kids, said: “Presential and online education will continue merging, and a hybrid model will be the new norm of the future. Our mission is providing high-quality educational content which supports literacy in a way that is accessible for children so they can have more quality screen time.”
Bookr Kids said it is working in collaboration with Oxford University Press to digitalise and redraw a selection of classics, including Conan Doyle’s Sherlock Holmes stories, while in the US it is developing a digital library app for publishing house Albert Whitman & Co, as well as an educational platform for schools and families.
Date published: 1 December 2020