Calgary angel, Accelerate Fund, invest $1.3 mln in kids math app Gummii
Ed-tech start-up Gummii Inc has secured a $1.3M round of angel financing led by Calgary businessman Eric Prosser and Accelerate Fund LP, an angel co-investment fund managed by Canadian venture capital firm AVAC. Founded in 2012, the Calgary-based Gummi, developer of an iPad math app for kids, previously received $500,000 in seed-stage capital. Its funding to date totals $1.9 million. The most recent investment proceeds will be used to build out the Gummii curriculum, as well as more parent-oriented features. Accelerate Fund was launched last year with the backing of Alberta Enterprise.
20 December 2013•3 mins read
