The ‘significant Series A investment’ will allow the company, whose lead product Little Bridge supports children learning English as a foreign language, to accelerate further product development.
Haakon Overli, managing partner at Dawn Capital, will join Manic Monkey’s board. Says Overli, ‘Education is undergoing a game-changing transformation as schools and parents become fully aware of what technology can do for teaching their children.’
Manic Monkey’s products use interactive virtual worlds to help children learn other languages. Its customers comprise individual families and schools.
Dawn Capital backs companies in the financial services, technology, media and telecoms sectors. Its recent investments include personal loans site Wonga.com and email management specialist Mimecast.