Edurino secures € 17 million in Series B

Munich/ Ravens­burg — The Munich-based edtech start-up Edurino has secu­red 17 million euros in its Series B. The team plans to use the fresh capi­tal for inter­na­tio­nal expan­sion, new products and a stron­ger retail presence. The round is led by Ravens­bur­ger Next Ventures as lead inves­tor and summi­teer, the invest­ment company of series foun­der Sven Schulz. 

In addi­tion to exis­ting inves­tors such as b2venture, DN Capi­tal, Tengel­mann Ventures, FJ Labs, Emerge, G‑FUND and Jens Bege­mann, busi­ness angels such as Stefan Winners and Frede­rik Vollert also parti­ci­pa­ted. Edurino intends to use the new capi­tal in parti­cu­lar to expand its digi­tal plat­form, double the number of trading part­ners and expand into new markets — inclu­ding an immi­nent market entry in the UK. 

The start-up is pursuing three key growth targets: the further deve­lo­p­ment of the plat­form with new lear­ning content and hybrid products, the inter­na­tio­nal roll­out — inclu­ding to the UK — and doubling its presence in bricks-and-mortar retail by the end of 2025.

EDURINO was foun­ded in Munich in 2021 by Irene Klemm and Fran­ziska Meyer to give child­ren a respon­si­ble, playful intro­duc­tion to the world of digi­tal educa­tion. The plat­form combi­nes educa­tio­nal games, ergo­no­mic input tools and anima­ted charac­ters that teach clas­sic school and future skills such as reading, logi­cal thin­king, coding and envi­ron­men­tal know­ledge. EDURINO has alre­ady sold over one million products. 

Ravens­bur­ger sees the Edurino concept as a pionee­ring combi­na­tion of analog play and digi­tal educa­tion. Mana­ging Direc­tor at Ravens­bur­ger Thomas Bleyer says: “Edurino has succee­ded in buil­ding a meaningful bridge between analog play and digi­tal educa­tion. With its clear educa­tio­nal concept and child-friendly imple­men­ta­tion, the team not only impres­ses child­ren and parents, but also us as a part­ner. We see Edurino as having the poten­tial to help shape digi­tal early educa­tion world­wide in the long term.”

Sven Schulz, foun­der of Summi­teer, empha­si­zes: “Edurino combi­nes pedago­gi­cal exper­tise with state-of-the-art tech­no­logy to create a lear­ning plat­form that inspi­res child­ren and convin­ces parents. We see Edurino as having great poten­tial to make a lasting impact on the educa­tio­nal land­scape and look forward to actively shaping this jour­ney as a partner.”

Consul­tant Ravens­bur­ger and b2venture: V14, Berlin

Dr. Clemens Waitz, Falko Brüg­ge­mann, Alexis von Krue­de­ner and Simo­nié Schlombs from the law firm V14 advi­sed Ravens­bur­ger and b2venture on the finan­cing of Edurino.

Dr. Clemens Waitz
Falko Brüggemann
Alexis von Kruedener
Simo­nié Schlombs

About V14

V14 is a Berlin-based law firm specia­li­zing in growth capi­tal, tech­no­logy and media.

About Ravens­bur­ger Next Ventures

“Next Ventures” is Ravens­bur­g’s program for inno­va­tion projects and start-up invest­ments. The Group provi­des a double-digit million euro sum for this purpose and invests in up to four projects per year. The focus is on busi­ness areas that fit thema­ti­cally with Ravens­bur­ger. Inte­res­ted start-ups and foun­ding teams can cont­act the invest­ment team via nextventures@ravensburger.com. “Next Ventures” is part of the company’s stra­tegy to grow through inno­va­tion, invest­ment and inter­na­tio­nal orien­ta­tion. — www.ravensburger-group.com/nextventures

About Ravens­bur­ger

Ravens­bur­ger AG is an inter­na­tio­nal group of compa­nies with seve­ral renow­ned toy brands. Its mission is: “We inspire people to disco­ver what is really important.” The company’s most important brand, the Ravens­bur­ger blue triangle, is one of the leading Euro­pean brands for games, puzzles and crea­tive products as well as for German-language books for child­ren and young people. Toys bearing the blue triangle are sold world­wide. In addi­tion, the inter­na­tio­nal brands BRIO and Think­Fun expand the Group’s product range. Since its foun­da­tion in 1883, Ravens­bur­ger has been a family busi­ness charac­te­ri­zed by tradi­tion and estab­lished values. In 2024, 2,483 employees gene­ra­ted a turno­ver of 790 million euros. Ravens­bur­ger has its own facto­ries in Ravens­burg, Poli­cka (Czech Repu­blic) and Banská Bystrica (Slova­kia).

About Summi­teer

Summi­teer is an invest­ment company foun­ded by entre­pre­neur and former Akasol CEO Sven Schulz that invests in start-ups and growth compa­nies with scalable, sustainable and inno­va­tive busi­ness models. Summi­te­er’s mission is to create sustainable value with the compa­nies in its port­fo­lio, support­ing the prospe­rity of our society while play­ing an active role in shaping an envi­ron­men­tally friendly future. — www.summiteer.com