Voovo raises 500,000 euros

Marc Nemitz Marc Nemitz | 03.10.2024

Investors such as Techstars and Óbuda Uni Venture Capital show confidence in Voovo's AI-powered learning platform that supports students worldwide

Budapest, October 3, 2024 - Hungarian edtech startup Voovo has raised €500,000 in a successful pre-seed funding round. This round was led by Techstars, a global startup accelerator platform. Other investors include STRT Ventures, Peter Csillag and Óbuda Uni Venture Capital, which is the largest investor. With the vision of integrating microlearning into everyday education, Voovo offers a platform that uses AI to provide personalized learning content through digital flashcards.

Investors place their trust in Voovo

The investors' confidence in the Voovo team and its strategy was a decisive factor in the success of the financing round.

The Voovo team impresses with its ambition and expertise. Their data-driven approach and ability to solve the challenges in the education sector give me great confidence in the future success of the company.

Martin Olczyk, Managing Director at Techstars

Óbuda Uni Venture Capital's investment also underlines the added value that Voovo brings to the education sector. Imre Hild, CEO of Óbuda Univenture Capital, emphasized: "The Voovo team is characterized by their deep knowledge of the problem and their tireless efforts. They have the potential to improve learning for millions of students."

Scaling personalized learning experiences through AI and microlearning

Since its inception, Voovo has already supported over 100,000 students worldwide with its app. By using microlearning methods such as spaced repetition and active recall, learning is made more efficient and sustainable. These techniques, which are based on scientific findings, help to repeat information exactly when it is about to be forgotten and promote a deeper cognitive engagement with the learning material.

Our goal is to make these effective learning methods accessible to all students, especially those who need the most support

Benedek Herman, CEO Voovo

With the new funding, Voovo plans to further expand its platform and integrate it even more into the curricula of schools and universities.

Voovos wants to shape the future of learning

In addition to the further development of the platform, the capital will also be invested in expanding the user base. In Central and Eastern Europe in particular, educational institutions will increasingly benefit from Voovo's personalized learning offers in the future. In addition, Voovo plans to expand its analytics and reporting capabilities to provide added value for teachers and educational institutions.

With this financial backing, Voovo is well positioned to further increase its impact on the education sector. The startup is already working on its next round of funding to accelerate its growth plans and further expand its presence in classrooms worldwide.


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