Tuesday, July 2, 2024
HomeEdTech MarketBrazil-Based Yuna Raises $1.6M in Pre-Seed Round

Brazil-Based Yuna Raises $1.6M in Pre-Seed Round

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Yuna, a Brazilian AI-powered educational technology platform, has raised $1.6 million in a pre-seed round led by Canary. The funding round also saw participation from Positive Ventures. With this investment round, the company plans to develop its technology further, grow its team, and consolidate its brand.

Yuna, founded in 2023, leverages artificial intelligence to create interactive and personalized children’s books, promoting reading habits during formative years. The platform provides customized stories that bring the whole family to realms of fantasy. Due to its creativity mode, children can effortlessly construct stories to fit any circumstance. It fosters children’s love of reading and their capacity for imaginative play. The app helps families spend precious and treasured time together. One can relax knowing that the firm’s fundamental values are accountability and safety.

Louis Markham, founder of Yuna, shared the company’s vision:

Research around the world links low reading rates to a negative impact on children’s imagination, critical thinking, and cognitive ability. There is a big challenge in encouraging this audience to read due to competition with new technologies, and we don’t want to fight against them but instead use them to bring reading back into the routine playfully and interestingly.

Yuna’s impact is tangible, with over 40,000 families benefiting from its innovative approach. The mobile app, which has garnered a 5-star rating in the App Store from over 100 reviews, is not just a tool for reading but a gateway to imagination and creativity for children.  

For regular updates about Moodle, eLearning and edtech industry, please visit us regularly at https://lmsdaily.com. You can also like us on Facebook or follow us on Twitter, or Subscribe our YouTube Channel.

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Jaswinder Singh
Jaswinder Singhhttps://lmsdaily.com
I am an experienced Moodle Professional with experience in Moodle Course Creation, Moodle Setup, Moodle Integration, Moodle Training, Moodle Support & troubleshooting. YI am the author of popular books - "How to use Moodle 4.1" and "how to use Moodle 2.7". I work with one goal in mind “CUSTOMER SATISFACTION” – whether this means working to achieve results within a specific deadline (or beating the deadline), or with a focus on solid quality, if my client requires the job to be done I will go out of my way to achieving whatever it is that is necessary to do so. Basically, I can take care of your all Moodle requirements so that you can focus on your core job and I will manage your Moodle LMS.

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