Sofia Angels Ventures has announced a strategic investment in Ethermind to enhance continuous learning and operational efficiency through AI-driven training technologies.

Target Information

Sofia Angels Ventures (SAV), a venture fund based in Sofia with a total capital of €13 million, is dedicated to angel and private co-investments. Recently, SAV announced its strategic investment in Ethermind, a company focused on providing innovative tools for continuous learning and operational efficiency within organizations. This investment is part of a significant funding round where Ethermind has secured over half a million euros, facilitated by InnovFin Equity and supported by the European Union through Horizon 2020 Financial Instruments and the European Fund for Strategic Investments (EFSI).

Ethermind aims to enhance professional development by offering personalized educational solutions across various sectors, including corporate environments and educational institutions. The funds raised will propel the development of Ethermind Copilot, a solution designed to improve learning experiences and reinforce the company's status as a leader in AI-driven training technologies.

Industry Overview

The education and training technology sector in Europe is experiencing unprecedented growth, driven by the increasing demand for upskilling and reskilling in a rapidly evolving job market. Companies across var