Edutainment startup SP Robotic Works has raised $3 Mn in Series A funding led by Mount Judi India Growth Fund. The funds raised will be used to strengthen and amplify the company’s user base and expand the product portfolio.
The edtech startup also aims to utilise this funding for talent acquisition in order to expand its current team strength to 150+ and foray into math & science.
The funding round also saw the participation of BCCL and its existing investors Indian Angel Network and angel investors like Ajai Chowdhry (founder, HCL), Raman Roy (chairman and managing director, Quatrro) amongst others. Vedamoorthy Namasivayam, general partner, Mount Judi India Growth Fund, would be joining SPRW as a board member.
Founded in 2012 by Sneha Priya and Pranavan, SP Robotic Works has build SPARKY an AI-enabled platform that enables fun practical learning using hands-on experiments in personalised, seamless and interactive pedagogy with 3D animations to engage students in robotics, drone, and coding technologies. With the new funding, the company also aims to foray into Math and Science category.
Commenting on the investment, Sneha Priya, cofounder and CEO, SP Robotic Works, said, “As a means to scale with quality, we developed SPARKY, which teaches all our customers in a personalised manner. The aim is to encourage children to develop a liking for the practical aspect of concepts that will boost their cognitive, problem solving and logical thinking skills. The funding will help us to take this ambition further to new heights and diversify our product portfolio and strengthen our user base.”
In addition to its online presence in 14 countries, the company has an omnichannel presence through their STEM experience & collaboration centres, called SP Robotics Maker Lab. STEM.org, a US-based accreditation firm, has accredited each course and kit by SP Robotic Works.