Roybi, a Palo Alto, CA-based maker of an AI-powered robot dedicated to early childhood education and language learning, closed its $4.2m seed funding round.
The backers were not disclosed.
The company plans to use the funds to accelerate development and manufacturing prior to product launch.
Led by Founder & CEO Elnaz Sarraf, Roybi uses machine-learning technology to deliver content based on a child’s learning ability, including over 500 lessons, stories, and songs that continuously update.
The app provides parents with full control in selecting daily and weekly lessons while tracking their child’s progress.
Currently, the commpany is in the process of launching its pilot program across the globe, starting with the United States and later expanding into Asia Pacific and the Middle East. It plans to increase the availability of its platform to make personalized education more accessible to young children, parents, and families everywhere.
FinSMEs
02/07/2019