Edutech start-up raises $1.2 mln

A Polish edutech company NUADU has closed a $1.2 million funding round from Luma Ventures, a Poland-based VC fund active across CEE, focused on data science, supporting late-seed to growth stage start-ups from a variety of industries. Launched in 2016, NUADU provides an interactive online Personalized Learning Environment platform, allows teachers to use ready-made, core curriculum-aligned question base or create their assignments; assign exercise sets, tests, and quizzes to students; gather data about students’ progress, and quickly identify strengths, weaknesses and learning gaps. “1.3 billion students around the world, the 17 percent annual growth of the EdTech market, and the global need for state-of-the-art digitalized education – these are just a few reasons why we are thrilled to support NUADU,” said said Tomasz Cichowicz, partner of Luma Ventures.