Series A financing of €14 million was obtained by Milan, Italy-based edtech startup Futura.
Investors
- Eurazeo
- Axon Partners Group
- United Ventures
Use of funds
The money will be used by the company to expand into new business areas, hire more staff members, and make more technological investments.
Additionally, it offers “Alice,” a virtual instructor driven by AI that adapts explanations and learning resources to each student’s ability, expertise, and learning preferences using large-language models.
About Futura
Francesco Salvatore, Remko Wiesman, Lorenzo Pinto, Andrea Chirolli, and CPO co-founded Futura, an AI-based platform that maximizes study time and exam scores by learning from prior errors and focusing additional attention on weak regions. They employ a data-driven strategy and modular classrooms that adjust to each student’s unique requirements in order to tailor learning.