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English School for Children Novakid Raised $ 1.5 Million Investment
29.01.2020 15:05
English School for Children Novakid Raised $ 1.5 Million Investment

Russian EdTech startup Novakid, developing an English language school for children, has attracted an investment of $ 1.5 million, Inc.Russia reports. The Russian fund LETA Capital and South Korean BonAngels invested in the company.

      The startup’s turnover, which already operates in 36 countries of the world, is two million dollars. During its activities, the company has already attracted $ 2.2 million in investments.

      The investments of LETA Capital and BonAngels in Novakid are planned to be spent on expanding the geography and improving the technology training platform. The platform, which was developed by the startup itself, combines virtual reality technology and gamification.

Author: Anna Dorozhkina

Tags: Russian business Russian economy Russian startups   

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