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Russian Educational AI-startup Raised a Million Dollars of Investment
12.04.2020 15:45
Russian Educational AI-startup Raised a Million Dollars of Investment

Educational AI-startup raised a million dollars of investment. 

      The Russian startup, which is developing a virtual English tutor, has attracted investments from the Leta Capital fund, Rubase reports. The fund invested $ 1 million in the project, adding the fourth EdTech startup to its portfolio. The company is developing a virtual animation tutor for children; a distinctive feature of the project is the use of voice technology of artificial intelligence. Leta Capital's share in is not disclosed.

      The startup plans to direct the funds received to the development of the product, as well as to expand its global presence - in particular, names Spanish-speaking countries as its priority.


Author: Anna Dorozhkina

Tags: Russian business Russian startups    

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