imagiLabs secured $150k in angel investment.
imagiLabs, a Stockholm, Sweden-based startup working to build a community and tools to teach girls between 12-16 years programming, completed a SEK 1.5M ($162k) in capital investment.
The money was provided by seven local investors, including Propel Capital and private individuals Donna Hanafi and Nicolas Grasset. The funding will be used to advance further product development as well as for getting more marketing visibility.
imagiLabs, founded in 2018 by CEO Dóra Pálfi, Beatrice Ionascu and Alexa Edström, started with the mission to inspire the next generation of female technologists and increase the proportion of women studying and working in the STEM fields.
The company developed its product based on a research project co-created with young girls and which is a physical product line consisting of accessories with embedded LED lights that can be programmed to display any text, design, color through programming with the imagiApp.