Estonian EdTech Flashka secures €1M, reaches 1M users in first year

The AI boom is changing the learning practices, and the Estonian startup scene is making a mark on it. This month, Tallinn-based AI startup Flashka has raised €1M in pre-seed funding led by Outlast Fund, with participation from Ulixes Capital Partners (UCP) and Vento Ventures.

Founded in 2023 by Stefan Djokovic, David Djokovic, and Simone De Marchi, Flashka has developed an AI-powered study platform that helps university students master complex subjects through automated flashcards, quizzes, and personalized learning tools. It focuses on spaced repetition, a learning technique that boosts retention with adaptive schedules, reducing cramming. It can be used with any subject, or for language study.

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Originally published on 20 Jan

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Interest to get funding for EdTech and GameTech startups exceeds expectations

The funding call from Innovation Agency Lithuania, aimed at supporting the development of innovative products and prototypes in the EdTech and GameTech sectors, closed on February 6 with an overwhelming response. A total of 184 applications were submitted—125 from EdTech startups and 59 from GameTech. However, only the top 8 projects in each category will receive funding.

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Originally published on 18 Feb

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