The education and robotics startup based in Silicon Valley in the United States (formerly known as Play-i) Wonder Workshop, has agreed to close on $41 million series C round of funding. Wonder Workshop’s pursuit is to trigger the creativity in kids of all age, and in order to do so, the company has created a variety of little robots which kids can operate on their mobile phone in a certain way that helps them perceive some computer science basics. The firm introduced the robots Bo and Yana for kids aged 6.
Along with the investors of the previous rounds, the companies participating in this year’s funding were. Tencent Holdings, SoftBank Korea, TAL Education Group, MindWorks Ventures, Madrona Venture Group and VTRON Group. The company previously raised $15.9 million in external financing since its inception in 2012. Around 12,000 schools are using its product around the world.
(image source: Tech Crunch)
“Today’s children already have the most important traits for tomorrow’s economy: budding, curious minds. But we owe them access to tools that will unlock their incredible capacity for invention and exploration. We founded Wonder Workshop to provide all children – girls and boys of all ages – with the skills needed to succeed in the future economy.” stated Vikas Gupta, CEO, and co-founder of the Wonder Workshop, in a press release.
Previously known, the CEO sold his last company, named Social Gold, to Google in the year of 2010. Before that, he was employed for seven years at Amazon, directly functioning with Jeff Bezos and helping to form the Amazon India development center.
The company plans to use its funds to inflate its software platform while digging deeper into the consumer market and investing in its “bread-and-butter” area of selling to schools.