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Futura secures €14M in Series A funding led by Eurazeo to enhance AI-driven personalized learning

May 07, 2024•over 1 year ago

Amount Raised

€14 Million

Round Type

series a

MilanoE LearningArtificial IntelligenceEducation

Investors

Axon Partners GroupUnited VenturesEurazeo

Description

Edtech company Futura has successfully secured €14 million in Series A funding, led by Eurazeo, with participation from United Ventures and new investor Axon Partners Group. The funding will enable Futura to invest in their technology and AI, expand into new business lines, and grow their team across Europe, targeting international hires.

Company Information

Company

Futura

Location

Milano, Italy

About

Futura makes high quality education accessible to everyone. Our AI-based platform optimizes your study time and test scores by learning from your past mistakes and targeting weak points with extra attention. We completely personalize learning, using a data-driven approach and modular classes that adapt to students’ individual needs.

FundzWatch™ Score

78
Medium Activity

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech