Polish edtech Pixblocks secures $500K

The Polish edtech startup Pixblocks has raised a $500,000 (2 million PLN) investment. Movens VC is a lead investor, along with some angel investors, MamStartup informs.

• Pixblocks was founded in Poznan in 2019. The company develops a platform for teaching children and teenagers programming. There are over 390,000 users and 6,500 Polish teachers using the platform.
• Leading investor Movens VC is a Polish fund supporting Central European tech companies. It mainly invests in seed and Series A rounds with funding ranging from $250,000 to $1 million.

“At Movens VC, we focus on scalable and innovative solutions based on SaaS and marketplace models. PixBlocks fulfills these conditions. We see the enormous potential hidden in the processes taking place in education due to technological development,”

Investment Director at Movens VC comments on the funding.

• The company will use the fresh funds to accelerate the platform’s development. Pixblock also wants to debut a better version of its programming training.