Singapore-based edutech startup Meraki Academy announced that it had raised a US$500,000 seed funding round from TotallyAwesome, a digital advertising platform network that targets kids, teens, and families.
The company said that the funding would support building an educational platform in the metaverse. Meraki aims to use the funding to expand into content production, research, and development works.
This investment in Meraki Academy’s project followed TotallyAwesome’s recent US$10 million funding round, which the company announced in September.
Meraki Academy aims to create collaborative and curated curriculums suited to the needs and learning styles of digitally driven youth. According to CEO Khairul Helmi, the company’s vision is to democratise education for all.
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It is in beta mode and currently available to primary school students, with plans to expand to secondary and tertiary level students by the end of 2023. The platform also works closely with various Fortune 500 companies to develop its educational hub and live teaching environments.
It aims to disrupt by “challenging the conventional learning experience as we know it—away from classrooms, textbooks, and stale e-learning platforms, and straight into an interactive meta-universe that can be accessed via desktops, tablets, mobile phones and VR headsets.”
“We have found a great partner in Meraki who shares our vision of transforming for good. We are confident that this partnership will elevate every child’s capabilities, provide impactful learning opportunities and make the most of the metaverse opportunities. As we’re deepening our understanding of kids’ behaviours, we also feel this is a unique opportunity to offer our business partners an innovative way to engage with this new audience,” said Will Anstee, CEO of TotallyAwesome.
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Image Credit: Meraki Academy
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