Edtech startup HEI Schools raises €2 million in series A funding to bring Finland´s renowned early education model worldwide
The new funding permits the company to speed up the development of the digital offering of curriculum programs and instructor training to reach millions around the world
Milla Kokko, CEO and Co-founder of HEI Schools states: “This is a fantastic milestone for HEI Schools. The marketplace of early childhood education is developing quickly towards a more professional technique: from providing babysitting services to actual early knowing. With new financiers on board, we can enable this method to serve increasingly more households all over the world. We are not trying to “export” Finnish society and even the academic system as such, but the deep knowledge and techniques about how children find out. Our job is to enable local instructors and center operators to implement the techniques in their own culture and environment with fantastic tools and continuing online training.”.
HEI Schools, which was established 2015 together with the University of Helsinki, among the world ´ s top universities in educational sciences, is a leader in offering an unique Finnish brand name of research-based early education worldwide. The company is providing a premium finding out center principle, an easy-to-use digital curriculum platform and pedagogical tools for educational operators and instructors beyond Finland to use.
Helsinki, Finland, April 2020Award-winning, research-based early education principle, HEI Schools, has revealed that it has finished a 2 million Euro Series A round of financing. The financing was co-led by Practica Capital and Tesi, Finnish Industry Investment..
14 HEI Schools discovering centers, run by local entrepreneurs, are open currently in China, Australia, Indonesia, Korea, Argentina, Saudi Arabia, Egypt and Finland. In addition to current markets, 16 brand-new HEI Schools centers are opening throughout 2021 likewise in the USA, Canada, Kuwait and Thailand. More than 40 schools are subscribing the digital curriculum model and over 200 instructors from 30 different nations are onboarded at the teacher certificate program..
Established in 2011, Practica Capital is a devoted Baltic VC focusing on financial investments in the Baltic Sea area. The company purchases seed, late seed and Series A ventures backing fantastic teams behind the tech-driven companies from the area and partnering with them as company contractors. Practica Capital handles 3 endeavor capital funds with a total size of more than EUR50M. Of which the current Practica Venture Capital II Fund was developed in the structure of the financial instrument “Development Fund I” which is handled by Invega and funded from the European Regional Development Fund (ERDF). To date, Practica Capital has actually made more than 55 financial investments. practica.vc.
HEI Schools Finnish education design is based upon holistic advancement and wellbeing, without compromising academic abilities. The concept that knowing is not restricted to a classroom plays a vital function in childrens strengths, interests, social interactions and peer relationships. Paying very close attention to kidss social-emotional, physical, cognitive and imaginative growth, the HEI Schools curriculum supports children to be active agents in their own learning and development so that they find out to like knowing..
We are very pleased to be part of this financing round which allows HEI Schools to scale its offering worldwide even further. We share the same aspiration with the HEI Schools group and Practica Capital of developing a world-class company out of Finland, while driving substantial favorable effect through larger access to high quality early education” informs Juha Lehtola, Director of VC Investments at Tesi.
Tesi (Finnish Industry Investment Ltd) is a state-owned investment company that desires to raise Finland to the front ranks of transformative financial growth by investing in funds and directly in companies. We invest successfully and responsibly, together with co-investors, to create the worlds new success stories.
Milla Kokko, CEO and Co-founder of HEI Schools says: “This is an excellent turning point for HEI Schools. 14 HEI Schools discovering centers, run by regional business owners, are open already in China, Australia, Indonesia, Korea, Argentina, Saudi Arabia, Egypt and Finland. In addition to current markets, 16 brand-new HEI Schools centers are opening throughout 2021 also in the USA, Canada, Kuwait and Thailand. HEI Schools Finnish education design is based on holistic development and health and wellbeing, without jeopardizing academic skills. Lasse Lipponen, co-founder of HEI Schools and Professor of Early Childhood Education at the University of Helsinki, concludes “Childhood is a period of life when everything is possible.
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” HEI Schools remarkable development and big customer base of premium knowing centres worldwide, along with the fast-growing number of users in digital resources were essential proof points of the value of its idea. Were thrilled to be part of its growth story in leveraging innovation to upskill early years experts and bring valuable and progressive education to kids at their most receptive,” says Arvydas Bložė, Investment Director at Practica Capital.
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A mission-driven company, HEI Schools makes every effort to supply the most existing, research-based early education curriculum to kids all over the world in order to give them the first-rate education possible.
” The market chance for HEI Schools is to bring its resources to millions through digital growth.
About Practica Capital.
Lasse Lipponen, co-founder of HEI Schools and Professor of Early Childhood Education at the University of Helsinki, concludes “Childhood is a period of life when everything is possible. It is a duration filled with discovering chances and when all the core developmental changes happen. At HEI Schools, it is our mission and commitment to support every child to reach his or her complete potential– without limits and without excuses.”.