Amazon’s Alexa Fund invests in edtech startups Zoobean and Unruly Studios
Amazon’s Alexa Fund, an Amazon’s corporate venture capitalist that provides funding to fuel technology innovation, has funded two ed-tech companies Zoobean and Unruly Studios. Zoobean, which also appeared in the Shark Tanks, provides reading software to schools and libraries. Zoobean provides softwares like Beanstack, which helps educators and librarians to overcome reading challenges. Beanstack is licensed in more than 1,200 public libraries and schools across the world. Because of Benstack’s tracking technology, it is called as the “Fitbit for reading”. Edtech startup Unruly Studios connects STEM learning for kids with physical play. For example, students can use tiles to play musical chairs, whack-a-mole, relay races and more. “We were so impressed by Unruly Studios during their time with the Alexa Accelerator last summer, and we’re thrilled to be reinvesting here as part of their seed round,” said Paul Bernard, director of the Alexa Fund, about Amazon’s investment. The investment would help these edtech startups to expand their platform worldwide and combine STEM education with physical games.