With its latest funding, Kahoot plans to invest in R&D and explore expansion and acquisition opportunities.
On Thursday (11 June), Norwegian learning platform Kahoot announced that it has raised $28m in new equity through a private placement of 7.5m new shares.
It said that the private placement also comprised 16.5m existing shares and amounted to $90m in total.
With the fresh funding, Kahoot plans to build on this momentum, fuelling further growth and continuing the expansion of its game-based learning platform.
The start-up plans to invest further in research and development, product innovations and strategic expansion. | To read full story, visit https://startuparound.com/read/1592045556.1782978/Game-based-learning-platform-Kahoot-raises-$28m?ref=audio_experience