Brighteye holds €50m close for education technology fund

Brighteye Ventures will back education technology companies from seed stage to series-C and is currently 4% invested in two investments.

The fund will be managed by Brighteye partners Alex Spiro and Benoit Wirz from Paris, but it is registered in Luxembourg. Both partners have previous experience in children's media, working at Flying Eye Books and the Knight Foundation respectively.

Investments
Brighteye Ventures has flexibility to lead or participate in funding rounds and will provide between €500,000-3m per company, amounting to around 20 investments over the next three years. It will mostly target Europe and Israel but will also co-invest in US-based companies.

The fund will consider companies across all educational levels from K-12 to university. It has already taken part in an $8m series-C for digital content platform Epic!, targeted at children under 12, and a $5m seed round for Lightneer, a learning games studio set up by ex-Rovio executives.

People
Brighteye Venture Advisers – Alex Spiro (managing partner); Benoit Wirz (investment partner).

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