Sparx raises €22 million for its maths platform
UK based edtech firm “Sparx” has raised €22 million in a funding round. Sparx received this funding from “Oxygen House”, which is a UK based investment company. Sparx was founded in 2010 and it helps teachers to be more effective by providing them machine learning, personalized content, and data analytics. “Sparx Math”, which was the first product of the company, focuses on 11-16 year old students and provides them 32,000 math questions on their adaptive AI enabled platform. “We are committed to helping to improve education so that young people gain the best outcomes and can have a positive impact on society throughout their lives. Our investment in Sparx demonstrates this, and we are excited to see how this innovative, socially-focused company, can transform learners’ lives across the world,” said Roy Bedlow, Director, Oxygen House. Sparx is planning to expand their operations in more countries so that it can also help international students to fulfill their goals.