Language Learning Startup Lingokids secures $4M funding
Joins hand with Oxford University Press
The Mission of Spain-based edtech startup Lingokids is to get little children learn a second language
Language learning startup Lingokids has secured $4M funding. Lingokids, which was previously known as Monkimum, seeks to get kids learn a second language. It provides Language Lessons for the chi`ldren of 2 – 6 years old with the help of interactive games through online subscription and parental portal.
Presently, it provides English and Simplified Chinese and the next language to be launched will be Spanish. The lessons in the Languages are developed utilizing the gaming as well as entertaining platform Unity3D that run on Android and iOS.
Cristobal Viedma, who co-founded Lingokids along with his sister Marieta Viedma said that there is a problem with providing quality early childhood language learning because it is time consuming and expensive.
As kids get bored easily and require adult supervision, the company is providing a mobile ELL platform with a strong focus on child retention that reduces the burden on parents and brings down price barriers for families worldwide, Viedma added.
Lingokids has raised $4 millionin seed or post-seed funding. European VCs Holtzbrinck Ventures and JME Venture Capital led the round in which Bessemer Ventures Partners also participated.
Cristobal Viedma believes that the portion of the new funding will be used to bring up the Lingokids to the web and windows/MacOS, which will make it more suitable for teachers presenting lessons via an electronic whiteboard.
Lingokids has also signed a strategic partnership with Oxford University Press, as part of which the latter will provide course-specific learning content inside Lingokids in an effort to extend learning beyond the classroom.
How do you look at the efforts taken by the Lingokids to extend learning beyond the classroom? Will it be helpful for children of today’s generation? Share your thoughts and opinions in the below comment section.
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