Kinnu, a London, UK-based AI edtech startup that works with the mission to give everyone the power to learn anything they want to, raised $6.5 million in funding, bringing its total funding raised to $9 million.
The funding round led by LocalGlobe, with participation from Spark Capital and Jigsaw, as well as an all-star angel cast including Tom Hulme from Google Ventures, Guy Podjarny, and Rene Rechtman.
Kinnu co-founder and CEO Christopher Kahler said, “There’s a huge opportunity for AI-powered learning that focuses on accelerating the pace of human learning itself. 10 years ago, online learning experienced a boom because it democratized access to content. The next frontier is democratizing access to the mechanism of how we learn, from quantum mechanics and Chaucer to idioms and soft skills, adapted to the learner’s own pace and ability. It’s this that really excites us.”
With its AI-powered learning engine, Kinnu made an early bet that generative AI would rebalance the concentration of asset value away from content and shift instead towards the technology that enables learners to actually acquire and retain knowledge.
The company was founded with the idea that education in the post-AI world will force us to ask what, how, and why we learn: one-size-fits-all, siloed curricula and point-in-time evaluation will soon become a thing of the past.
Company: Kinnu Ltd.
Raised: $6.5M
Round: Unknown
Funding Month: July 2023
Lead Investors: LocalGlobe
Additional Investors: Spark Capital, Jigsaw, Tom Hulme, Guy Podjarny, and Rene Rechtman
Company Website: https://kinnu.xyz/
Software Category: AI-powered Learning Engine
About the Company: Kinnu is an education technology company that was founded in 2021 by Christopher Kahler, Abraham Muller, and Hanna Celina. Kinnu created a generative AI-powered learning engine that sets out to rebalance the concentration of asset value away from educational content. Currently, Kinnu's primary focus is on adult enthusiast learners. The company has seen significant traction, with over 100,000 app downloads and more than four million 'smart reviews' answered within the app. By leveraging AI technology, Kinnu aims to revolutionize the way people learn and acquire knowledge in the rapidly evolving digital age.
Source: https://techfundingnews.com/kinnu-ai-edtech-startup-from-london-scores-6-5m-to-transform-learning-process/