HV Holtzbrinck leads $6m series-A for Lingokids

Previous backers JME Venture Capital, Sabadell Ventures, Big Sur Ventures and SpaceX president Gwynne Shotwell also took part in the funding, alongside newcomers Reach Capital, Athos Capital and All Iron Ventures.

In addition to the capital raised in the round, the startup received a $1.3m grant from the EU's Horizon 2020 research and innovation programme.

Lingokids will use the fresh capital to scale up its team, accelerate its growth and develop new features to promote personalised learning and parental involvement in the learning process.

Previous funding
JME, Sabadell, Big Sur and SpaceX president Gwynne Shotwell backed the company in a $5m seed round in June 2017.

Company
Founded in 2016 and based in Madrid, Lingokids is a digital English language learning platform for children aged two to eight. The startup uses gaming, entertainment, interactive content, songs and speech recognition features to personalise the children's learning experience while tracking their performance and adapting lesson difficulty dynamically.

Lingokids has around 7 million users in 180 countries worldwide, employs 40 staff and generates annual revenues of $5.3m.

People
HV Holtzbrinck Venture – Jasper Masemann (principal).
Lingokids – Cristobal Viedma (founder, CEO). 

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