Finnish Startup Scores Seed Round for Online Learning Platform

Financing

Finnish Startup Scores Seed Round for Online Learning Platform

Apr 26, 2014

CBTEC has raised an undisclosed seed round from Finnish VC firm, Inventure; TechCrunch sources estimates the amount at "just over €200,000" (approximately US $227,000). CBTec is the creator of Eliademy, an online platform that allows anyone to create, sell and take classes. (It appears similar to Udemy.) CBTec is aiming to raise a €4M Series A round by the end of 2014. According to ArcticStartup, Eliademy is already generating revenue, with courses available in 26 languages.

Editor's Note: An earlier version of this story incorrectly represented the €200,000 as $227 Million.

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