- News article -

Spinverse investment company 3DBear raises over one million euros of seed funding

30 Nov 2017

Helsinki-based edtech software company 3DBear Ltd has raised over one million euros of seed funding. Investors are New York -based Rethink Education VC, a publicly listed media and publishing company Keski-Pohjanmaan Kirjapaino Oyj, chairman of the Board of Directors of Basware Hannu Vaajoensuu through his investment company, angel investor Tero Lehtonen and an edtech investor and founder Mitch Weisburgh. Current investors Spinverse Group, Glyn Eggar, Kaisa Olkkonen and Veli-Pekka Saarnivaara made additional investments.

“This investment enables the scaling up of our R&D and implementation of our internationalisation strategy. It has been incredible to see how well educational technology and pedagogy developed in Finland has worked for example in the US”, says Kristo Lehtonen, CEO of 3DBear.

”We invested in 3DBear because we recognized the demand for its product, the strength of the team and their execution ability”, says Vesa Pihlajamaa, CEO of Keski-Pohjanmaan Kirjapaino Oyj.

Former Prime Minister of Finland and former Member of the Executive Board of Nokia, Mr. Esko Aho has started as an Advisor for 3DBear. He will help in expanding the business abroad.

3DBear is an online learning tool and platform for 3D printing and augmented reality (AR). It is available all over the US via Junior Library Guild. 3DBear has been incubated from the best education technology accelerator in Europe, xEdu. The growth of the company has been enabled by funding from Tekes, Finnvera, and Technology Industries of Finland Centennial Foundation. 3DBear has been co-developing its products in schools around Finland and US, as well as in KYKY-process by the city of Espoo, Finland and in national innovation initiatives funded by the Finnish National Agency for Education.

More information at 3DBear.

- News -

Relevant posts

innovation CTO Forum EU

Finland’s EU-presidency, bringing impact to EU Innovation Funding?

11 Apr 2019

Finland begins its third EU presidency on 1 July 2019. Leading up to the presidency, both private and public...

ecosystem smart-Memphis Spinverse News

smart-MEMPHIS creates a new value chain for developing self-powering pacemakers and wireless sensors

2 Apr 2019

smart-MEMPHIS, a four-year project joining the forces of nine European companies, universities and research ...

battery ecosystem Spinverse News

Speeding up the development of smart and sustainable battery ecosystems

1 Apr 2019

Finnish and European battery ecosystems were assessed in an extensive study focusing on the current status o...

Spinverse News

Tomas Hedenborg joins Spinverse board as new member

28 Mar 2019

We are delighted to announce Tomas Hedenborg as Spinverse’s newest board member....

White Papers cto ecosystem

Who disrupts the disruptors - The best CTOs are disrupting their jobs

26 Mar 2019

Disruption is one of today’s hottest buzzwords. Disruption and continuous renewal are the norm, and change...

Client News ecosystem Spinverse News

Mirka takes surface finishing business to the digital age with the help of ecosystem

25 Mar 2019

Mirka, renown Nordic high-quality surface finishing products and tools manufacturer, takes a trailblazer rol...