Albert raises SEK 66 million in more capital invetment.

Sweden 09 March 2021
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Albert, a Gothenburg, Sweden-based company education startup, completed a SEK 66M ($7.7M) capital funding round.

The money was raised from new and existing investors.

Albert, founded in 2015 by Salman Eskandari and Arta Mandegari, developed a digital education tool for mathematics available for kids up to high school students from Sweden. The tool is available against a subscription, providing access to math exercises following the school curriculum.

Albert previously raised about $7.5 million and is backed by Schibsted, Inbox Capital, RoosGruppen and angel investors.

Total investments received (USD): 15.3M

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