Business Angels des Grandes Écoles (BADGE) invests €80,000 in Corneille, a startup focused on educational reading games for children, as part of a €500,000 funding round aimed at enhancing literacy and expanding its market presence.
Target Information
Corneille is an innovative startup based in Paris that specializes in educational gaming focused on teaching reading skills to children aged 3 to 8. The company recently completed its first fundraising round, securing a total of €500,000, with notable participation from Business Angels des Grandes Écoles (BADGE), who contributed €80,000. Corneille boasts an impressive array of over 200 reading activities that align with national educational standards, along with a digital library containing more than 100 stories available for reading and listening.
The startup aims to enhance and promote literacy through its interactive platform, particularly as reading has been designated a National Cause for 2022 in France. With the digital education sector, or edtech, experiencing rapid growth due to the impacts of the recent health crisis, Corneille is positioned to capitalize on this expanding market.
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Industry Overview
The edtech industry in France has witnessed significant development, especially during the COVID-19 pandemic. As educational institutions adopted digital learning tools, the demand for innovative solutions to enhance learning experiences
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Business Angels des Grandes Ecoles (BADGE)
invested in
Corneille
in 2022
in a Pre-Seed Stage deal
Disclosed details
Transaction Size: $500M
Equity Value: $80M