EdTech startup CodiPlay raised $2,000,000

Educational startup CodiPlay closed its seed round, raising $2,000,000.

The comprehensive system for teaching children programming on smartphones attracted significant interest from investors, who invested $2,000,000 in the project. Of this amount, $1,500,000 was raised with the support of Kazakhstan's largest private venture fund, Tumar Venture Fund, managed by White Hill Capital Ltd. The fund itself also invested $500,000 in the startup's development. The two-month round was completed with a total of $2,000,000 raised, valuing CodiPlay at $10,000,000.

According to the plan for the first investment round, the startup achieved 100% of its target amount. Now, the team behind this innovative programming education product is embarking on extensive efforts to expand its reach into new countries and further develop unique technological solutions. In September 2023, the CodiPlay system will be implemented in more than 120 schools across all regions of Kazakhstan. At the same time, the company will continue its global expansion. Following the successful implementation of the platform in educational institutions in South Korea, it will roll out to CIS countries, the UAE, and Turkey.