​London Startup, SAM Labs Raises $4.7M to Bring the Internet of Things...

Financing

​London Startup, SAM Labs Raises $4.7M to Bring the Internet of Things to Schools

May 2, 2016

BRINGING THE INTERNET OF THINGS TO CLASSROOMS: SAM Labs, a London-based developer of science kits for STEM activities, has raised £3.2 million (approximately US $4.5 million) from investors led by Imperial Ventures and joined by angels who specializes in edtech companies. The funding will help the company to grow internationally, reports TechCrunch.

Founded in 2014, SAM Labs offers electronic kits that integrate with mobile software so that students can control the hardware through an app. It does not require coding or wires—everything happens via bluetooth. Watch the video below to see how it works.

Among the possible exercises available are building a remote controlled camera, mastering Morse code and composing electronic songs. Users may share their creations in an online community.

SAM Labs previously raised over $180,000 from 817 backers in a Kickstarter campaign in October 2014. Now, the company claims that more than 1,000 schools are using the kits. Prices vary from $99 for an individual kit to $779 for bulk purchases in schools and workshops.

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