Live Quiz Startup Supernova Raises $1.1 Million in Pre-Seed Fundraising
- ByStartupStory | October 14, 2022
Supernova, a gametech firm, announced a $1.1 million funding round led by Lumikai Fund, a gaming and interactive media-focused venture capital fund, as well as Kae Capital, All In Capital, Goodwater Capital, and other strategic angels.
Supernova will use the funds to further develop and grow the product to include multiplayer forms, enhance its leadership team, and implement methods to increase product lead user acquisition over the next 18 months.
The firm, founded in 2021 by Anirudh (Previously Co-Founder Myra Medicine & exited to medlife), Nawin, and Maharishi, promises to reinvent present passive ways of learning by giving incredibly entertaining & engaging Live Quizzes, “Byte-Sized” courses & worksheets on CBSE topics. Every time a child attends one of Supernova’s Live Quizzes, they study and practice a CBSE math skill over the course of 30 minutes.
Commenting on the announcement, Maharishi RB, Co-Founder, Supernova, shared, “Today’s kids are born into a world of smartphones & highly engaging digital experiences, so they look for the same levels of engagement from their learning experiences. As a result, education is undergoing a generational shift towards user-centricity. We aim to be at the forefront of this change by providing high-quality & fun learning for most kids, which is also affordable & effective. The only way to achieve this is through fundamental innovation. Our product is an ultra-fresh take on ed-tech that leverages the power of interactivity & systems of play. We are rethinking everything from pedagogies to price points to distribution channels. This funding round will help us go a long way with this much-needed disruption.”
Justin Shriram Keeling, Founding General Partner, Lumikai Fund shared, “We believe that systems of play and gaming best practices have the potential to unlock massive disruption in ed tech. Supernova is taking a first principles approach to a massive opportunity with a new platform that re-imagines kids’ education by leveraging the power of experiential, game-based “learning by doing”. We’re excited to be partnering with Rishi, Anirudh, and Nawin at an early stage, and look forward to supporting them with our deep gaming expertise & network on their critical mission to bring in-demand pedagogies to a much wider audience in delightful and fun ways”.
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