Masterplace, a Madrid, Spain-based educational technology startup, has secured $2 million in seed funding.
Investors
The investment came from business angels and founder Ilya Rouss.
Masterplace Use of Funds
With the funding, the company plans to launch a first-of-its-kind AI-powered educational platform to promote education for societal benefit.
About Masterplace
Founded by Ilya Rouss, Masterplace focuses on developing an innovative AI-powered platform for education. They offers content for students and simplifying course creation and management for educators. It uses blockchain technology to secure intellectual property and supports aspiring teachers and students without formal degrees.
Funding Details
Company: Masterplace
Raised: $2.0M
Round: Seed Round
Funding Month: July 2024
Investors: Business Angels, Ilya Rouss
Company Website: https://masterplace.com/
Software Category: Educational
Source: https://www.edtechreview.in/news/masterplace-secures-2m-in-seed-funding-for-its-unique-ai-edtech-platform/