Brighteye leads €1.8m series-A extension for Tech Will Save Us

Following the deal, which brings the total value of the series-A to €6m, TWSU will invest in product development and international expansion.

Brighteye is currently investing from its maiden fund, which held a final close on €50m in November 2017 and targets educational technology companies.

Previous funding
SaatchInvest and Backed VC led a £1.25m seed round for TWSU in 2015. Two years later, Angel investment platform Venture Founders structured a further £1.4m.

Initial Capital then led the initial £3m series-A for the company in March 2018, with Backed VC, SaatchInvest, Unltd-inc, Leaf VC and All Bright (a funding platform targeting female founders) also taking part.

Company
TWSU was founded in 2012 by Bethany Koby and Daniel Hirschmann. The company makes toys and DIY kits to teach children about technology. The toys are available in 97 countries through retailers such as Amazon, Target and Best Buy. The company is headquartered in London with smaller offices in New York and Paris, and employs 30 people.

People
Brighteye Ventures – Alex Spiro (managing partner).
Tech Will Save Us – Bethany Koby, Daniel Hirschmann (co-founders).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Expansion
• UK / Ireland
• Technology
• United Kingdom
• Venture