Munich-based start-up StudySmarter has closed a USD 15 million financing round to continue its international expansion into twelve new markets, including the US, UK, Brazil, India and Indonesia. This Series A financing was led by Silicon Valley-based venture fund Owl Ventures and US investor Left Lane Capital.
The deal was notarised by the Frankfurt partner, attorney-at-law and notary Lars-Henning Behrens of avocado rechtsanwälte.
StudySmarter was legally advised by the attorney-at-law Philipp Glock from the Frankfurt office of Luther Rechtsanwaltsgesellschaft. Owl Ventures was represented by Greenberg Traurig and Left Lane Capital by Goodwin Procter LLP.
StudySmarter is a leading EdTech start-up located in Munich. The intelligent and content-independent platform for lifelong learning was first launched in 2018 and is currently used by more than one million people.
You can find the press release here.