CodeMonkey Raises $1.5M to Expand Research and Marketing Efforts

CODEMONKEY, a game-based coding education platform, has raised $1.5 million in a seed round led by J21 Corporation and Invictus Capital. China-Israel Education VC Fund and Edulab, a Japanese holding company, also participated in the round.

According to a company announcement, the funds will be used to expand the research, development, sales and marketing teams at CodeMonkey. Based in Tel Aviv, Israel, CodeMonkey also plans to grow its reach to 30,000 elementary students in China through its new partnership with Edulab.

“CodeMonkey has developed incredible momentum, impressive technology, skilled arts and graphics via an expert team that is fundamentally changing the way children learn and use coding all over the world,” said Eliezer Manor, general partner at China-Israel Education VC Fund, in the prepared statement. “It is of high importance in particular in China, where modern education is of top priority.”

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