Knowunity raised a €2 million seed financing round Project A Ventures, Discovery Ventures, Verena Pausder and angel investors.

Germany Australia 21 April 2021
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Knowunity, a Stuttgart, Germany-based operator of a digital learning platform for students, announced raising fudning or €2 million ($2.4M).

The money was raised from investors led by Project A Ventures, joined by local business angels from Germany including Mario Götze, Verena Pausder, Discovery Ventures and Saarbrücker21.

Knowunity, founded in 2019 by Benedict Kurz, Lucas Hild, Gregor Weber, Julian Prigl and Yannik Prigl, developed a learning platform for and by students, enabling them to solve any learning problem in just one app.

The app was launched in 2020 and includes more than 50,000 pieces of user-generated learning content, such as summaries, learning aids or explanations – available free of charge in all topics and subjects. Experienced students can upload their content, help other students and build up a follower base with their knowledge.

The platform was launched in September 2020 and is among the fastest-growing education apps in Germany.

Total investments received (USD): 53.04M

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