Brainspark Video games has raised £1.4 million from Innovate UK Investor Partnership grant and a match-funded angel funding
FOV Ventures and The Video games Angels led the spherical
London-based Brainspark Video games has raised a complete of £1.4 million coming from its seventh Innovate UK Investor Partnership grant and match-funded angel funding.
The spherical was led by FOV Ventures companions Dave Haynes and Petri Rajahalme, and The Video games Angels’ Wahed Ventures and Nick Button-Brown.
Funding additionally got here from Islée Oliva Salinas, Michael A. C. Buckley, Märt Lume, Sadik Miah, and others.
These “Tremendous Angels” included video games trade veterans, institutional backers, exited founders, training veterans, and seasoned traders whereas some people have chosen to stay nameless, investing privately.
Making training enjoyable
The funds raised might be used in the direction of creating tech, manufacturing, and gross sales expertise. £700,000 of that sum is attributed to Brainspark’s seventh Innovate UK Investor Partnership grant which, when mixed with the prior six, brings its whole grants to £1.3 million.
Buyers matched the newest £700,000, therefore £1.4 million in fundraising from this newest spherical alone. These funds come after Brainspark’s crew has spent two years in analysis and improvement with specialists in sport improvement, training, and little one psychology.
The corporate was based by mother-of-three Reedah El-Saie in a want to drive innovation and create instructional video games for youngsters of all ages. Brainspark is presently constructing AI-powered cellular video games centered on the UK nationwide curriculum, together with Historical past, Maths, and English Literature.
El-Saie additionally invested £470,000 in seed funding for the early levels.
“FOV Ventures believes we’re coming into a brand new period of more and more clever and immersive apps and experiences. By leveraging know-how similar to AI/XR we’re excited for Brainspark Video games and Reedah’s mission to radically increase and improve how the UK curriculum might be delivered to numerous college students,” stated Haynes, who has been investing in XR for 5 years.
Juicy Button Video games not too long ago raised $3 million in a seed spherical led by The Video games Fund, working to create a mobile-first 4X technique title.