Noodle Factory Raises $500,000 in Seed Round

by Kay Aloha Villamor in September 8th, 2021

Noodle Factory a Singapore-based edtech company, raised $500,000 in seed funding.

The round is backed by edtech accelerators EduSpaze and SuperCharger Ventures and a consortium of angel investors.

With the seed funding, Noodle Factory plans to extend its platform to K-12 institutions and expand its presence in English-speaking markets including the UK, Australia, the US, and Canada.

Company: Noodle Factory

Raised: $500.0K

Round: Seed Round

Funding Month: September 2021

Lead Investors:

Additional Investors: EduSpaze and SuperCharger Ventures

Company Website: https://www.noodlefactory.ai/

Software Category: Edtech – AI

About the Company: Noodle Factory is a company that helps educators successfully scale tutoring and exam preparation. It was founded in 2018 by Yvonne Soh and Jim Wagstaff, also co-founders of corporate edtech business Jam Factory. Natural language processing (NLP) is used in the platform to automate the creation, preparation, and marking of tests and assessments and the creation of knowledge bases for AI-assisted tutoring.

Source: https://www.techinasia.com/singapore-edtech-platform-teachers-noodle-factory-nets-500k-seed-round-eduspaze

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