Finnish educational games startup Fantastec raised a $800k Seed Round from Booster Investment and a group of angel investors reports Arctic Startup.
The funding will be used to grow the team, create multi-platform titles and to expand internationally.
Planning to attend EdTech Europe 2014 on June 12th in London? Use the promo code EDUKWEST to get 20% off the ticket price!
In this week’s Sunday Review we learn that teachers are also victims of cyberbullying, that the library of the future has no books, that technology turns teachers into super-teachers of the future, that schools might end on the slow lane under the proposed FCC regulation, that mobile phones boost literacy in developing countries and much more.
Educational media franchise for children Jumpstart has raised $13 million in debt financing led by Hercules Technology Growth Capital, Inc. JumpStart’s portfolio mainly consists of educational games which are produced by Knowledge Adventure.
Along with additional funding from Telesoft Partners JumpStart will use the new funds to expand on their existing mobile and web products to unlock new potential in the children and family space.
Pley, a rental service for LEGO sets raised a $6.75 million venture round led by Allegro Venture Partners, with participation from Floodgate, Correlation Ventures, Maven Ventures, and Western Technology Investments. The round values Pley at $20 million.
The funding will be used to grow the team, expand the service geographically to Europe and Australia, but also to broaden the offering by adding other educational toys than LEGO sets.