Hungarian startup BOOKR Kids raises more than $2.4 million in funding
According to Eu-Startups, BOOKR Kids, the leading digital publishing company of interactive books in Central and Eastern Europe, has raised $2.4 million in new funding and another $2.4 million in convertible notes. The round was led by Bonitas, a private venture capital fund.
Founded in 2015 by Dorka Horváth and Dani Karányi, BOOKR Kids is a unique reading-based edutainment tool, designed to engage and delight the youngest learners in reading. The company offers a digital format of classical and modern stories with animation, narration, text highlighting, and special educational games. It is designed for 3-11-year-old children to improve their literacy skills, reading comprehension, and English as a second language through well-known pieces of literature and texts written by educational experts, linguists, and language teachers.
The investment will help develop more innovative content and a more comprehensive curriculum. Also, the company wants to bring its BOOKR literacy program to the global education market. To date, the company has educational partners in Turkey, Greece, Spain, South Korea, Singapore, Germany, and the US.