BOOKR Kids, a reading-based early learning ‘edutainment’ company, has disclosed €2 million in new funding and a further €2 million in convertible notes. BOOKR Kids will use the financing to take their English-learning literacy program BOOKR Class to the global education market and further boost the company goal of mitigating COVID-19’s impact on education.
BOOKR Kids has come a long way since its founding in 2015. They began by digitizing Hungarian existing bestsellers and gradually transitioned into edtech. They teamed up with international education experts like former LEGO Executive Director Brian Baptista and Zoltan Pompor (Ph.D.), President of HUBBY, to add functions to their animated stories that cultivate reading and development skills.
The past year has been a turning point for BOOKR Kids, as much as for other edtech players. The importance of digital educational materials has increased enormously, so creating interactive animated storybooks with educational games did not stop for a moment. BOOKR Class has also been recognized during school closure as an official textbook in Hungary and is now used by 100K Hungarian students.
With this investment’s help, BOOKR Kids will develop more innovative content and a more comprehensive curriculum, including 21st-century skills. To facilitate language acquisition, BOOKR Kids’ animated interactive e-books and apps follow a researched methodology. The texts and activities are designed to support individual and classroom use as well.