Edtech Startup Kide Science With €1M Funding Targets Expansion

August 04, 2022 | 3 minutes read

Finnish Edtech startup Kide Science has secured a capital investment of €1 million with its aim of expansion.

Based in Helsinki, the Edtech startup Kide Science has collected funds of  €1 million in a bridge financing round. This brings their total seed funding up to €3.2 million. In a round led by Sparkmind Fund and joined Tesi (Finnish Industry Investment Ltd) along with an R&D loan from business Finland.

Booming Edtech Market

With Edtech the world of  education has totally changed now knowledge and education is not confined to stuffy classrooms, dusty textbooks and strict lesson plans. Instead, technology with its amalgamation with education has increased accessibility subsequently also inclusivity. Which has also caused the exponential rise of this market.

As per stats the educational software development market is projected to rise to $350 billion by 2025. This is also one of the major reasons that startups in the Edtech sector are coming forward with innovative solutions and are successfully obtaining funding from investors. Some recent Edtechs which gathered investments were Orcas, Cakap, Qureos, Kouncel, Tomorrow’s Education and Algooru.

Kide Science Has Child Centric Approach

This female led startup Kide Science founded by Jenni Vartiainen, Sari Hurme-Mehtälä and Aino Kuronen with its child centric approach provides hands-on opportunity on learning in a playful emvironment -where children learn through their imagination. The startup offers a platform for the next generation of problem solvers to explore their environment via scientific play, pretend games, stories, and dramatic devices.

Kide science team.
Kide science team. Image Credits:Kide science

Additionally, it also has ready made  lesson plans based on a child’s sense of wonder to give ease to students.  After years of intensive research and procurement of partnership the startup has clasped its position as a robust edtech in market

Jenni Vartiainen one of the founders of the startup explained:

edtech startup founder
Image Credits: Arctic startup

“Our research and feedback from customers shows that a child’s imagination can help learning in more areas than just science – there’s really compelling evidence that shows hands-on learning through stories and play is effective in all areas: we’ve seen it help develop skills in math, language, social emotional learning and social studies. It’s incredible, really.”

The startup aims to expand and is eyeing on US partnerships-it has also picked up plenty of attention in its home market by winning the first education fintech award this summer.