Nordic edtech business development group,Learning Intelligence Group (LIG), is set to close its equity crowdfunding campaign on Invesdor with more than €400,000 from over 75 investors. The company was launched in 2013 when serial entrepreneurs Vesa Perälä, Mervi Palander, Micke Paqvalén and Antti Pasila founded CLANED, a cloud-based social learning environment.
“Learning Intelligence Group is a leading education technology (edtech) pioneer in the Nordic region. We select, fund and grow edtech innovations from the Nordic region into profitable global brands. Born from decades of combined experience in building and funding edtech companies, LIG consists of experienced entrepreneurs and investors who leverage their resources, networks and funds to other entrepreneurs looking to aggressively innovate the undisrupted global education market.”
LIG noted its next milestone is to accelerate the growth of CLANED into a world-leading learning analytics company while developing GraphoGame and its 0.5 million users into a fast-growing education gaming business.
“Our vision is to become the world’s leading edtech business development group, enabling global success for the top entrepreneurs and technologies from the Nordic region. The LIG mission is to provide our portfolio businesses with an integrated support system through funding, mentoring and partner network exposure, while simultaneously fostering the nascent edtech ecosystem.”
The company also stated that it offers its portfolio access to its wide networks of partners and resellers around the world, for example in high growth markets such as India, China, Australia, Latin America and South-East Asia.
All funds from the Invesdor campaign will be used to continue LIG’s/CLANED’s expansion. It is set to close on Friday.
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