AI-based edtech startup SP Robotic Works has raised $3 million in its Series A round of funding led by Mount Judi India Growth Fund. BCCL and its existing investors Indian Angel Network including angel investors such as Ajai Chowdhry, Raman Roy and others have also participated.
According to the Chennai-based startup, the fundraise will be used to strengthen and amplify its user base and expand its product portfolio.
Founded by Sneha Priya and Pranavan, the startup provides robotic education to school students for the age bracket of 7 to 17 under the brand Kidobotikz. Its other flagship product SPARKY handles a bunch of courses such as scratch programming, electronics, robotics, drones, and others.
In addition to its online presence in 14 countries such as Australia, UAE, Singapore, Thailand, Mauritius and others, the company claims to deliver its courses through omnichannel smart classes which are present in over 75 locations across 27 cities in India.
With this round, the total investment in SP Robotic Works now stands at $4 million across its seed, pre-Series A and Series A round with marquee angel networks such as The Chennai Angels, Native Angel Network and Malabar Angel Network on its cap table.