MEL Science, a London-based, science-focused EdTech platform, today announces that it has secured $14m (£10.5m) in Series B funding.
The firm offers educational kits, combining hands-on experiments with interactive VR simulations and live lessons. Its products are designed for children aged 5 – 14 and are intended to be used either as an at-home teaching aid or by schools.
It claims its VR technology has been found to improve both test-scores and student engagement levels in a study by the New Jersey Institute of Technology.
Melscience is a popular edtech brands in the world, and get attraction in China.
The startup
Today, social media are everywhere and the last generation, millennials, are always connected. Those new habits lead people to learn at home. New ways of teaching, which can even be more productive.
Here an example to show you how this can be done:
Let us see the case study of MelScience.
In seeking limited partner investors in Day One funds, she told one target that others investing included Mamut through his firm, according to a pitch document from Bucher obtained by The Post. The billionaire and former Kremlin adviser had recently taken control of blogging platform LiveJournal. Another person Bucher listed as an investor in the same fundraising email told The Post that he was pitched by Bucher but never actually invested.
She emailed a slide deck presentation to another possible limited partner that included claims she had led media efforts for science education start-up MEL Science and “made 10+ introductions to investors that helped to close $2.5 million round led by Sistema Venture Capital,” owned by a Yevtushenkov company that has the biggest stake in Russia’s largest mobile telecom carrier.
Melscience a case study in China
https://redmillennial.com/melscience-a-success-story-in-china/
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