UK-based Mindmax, an AI-powered learning platform, has raised $3.3 million in a venture capital funding round led by Concept Ventures, with participation from Redrice Ventures, Daybreak Ventures and Lerer Hippeau.
- Founded by Ed Cooke and Daniel Zohar, Mindmax develops AI-powered learning tools designed to help adults acquire new skills, retain information and prepare for professional exams.
- The platform's first product is an AI tutor focused on exam preparation and upskilling. It uses real-time conversations to deliver personalised lessons, allowing users to ask questions, explore topics and receive explanations adapted to their existing knowledge and learning goals. It also provides visual explanations and illustrations during lessons.
Details of the deal
- The round also attracted angel investors, including Maria Raga, former CEO of Depop, and Torsten Reil, co-founder of Helsing.
- The fresh capital will enable the firm to further develop its AI models and tutoring capabilities, improve its interactive learning experience and expand its offering to adult learners.
