PowerZ, an educational video game start-up, has raised 7 million euros in its latest funding round. The funding was led by BpiFrance, Raise Venture, Hachette Livre, Educapital, Bayard, EdTech, and two business angels, Pierre Kosciusko-Morizet and Michael Benabou. The start-up, founded in 2020 by Emmanuel Freund, Yann Carron de la Carrière, and Arnaud Lamy, has created an educational game accessible to children as young as 6 years old. The game aims to help children develop dozens of learning domains and introduce them to extracurricular and cultural activities.
Since its launch in February 2021, the platform has already attracted more than 20,000 children who have provided feedback on new features. With this new round of funding, PowerZ aims to accelerate the creation of new content and features, expand the game to new markets by launching an English version, and extend access by offering new access platforms.BpiFrance is a French public investment bank that provides funding and support to French companies. Raise Venture is a French venture capital firm. Hachette Livre is a French publishing company specializing in the publication of literature for children and young adults. Educapital is a French venture capital firm that invests in start-ups in the education sector. Bayard is a French publishing company specializing in children's literature. EdTech France is a French association of EdTech companies that promotes the development of digital education in France. Pierre Kosciusko-Morizet is a French entrepreneur and investor, and Michael Benabou is a French entrepreneur and co-founder of vente-privee.com, a French e-commerce company.