HEDLINE: Monkimun raises $1 million Seed Round for pre-K Language Learning

Monkimun, a language learning startup with offices in Madrid, Spain and San Francisco, raised a $1 million Seed round from a group of investors including 500 Startups, Incuvest, SHO­zemi Innovation Ventures, Lanzame Capital and angel investors Ian Noel, Iñaki Arrola and Carina Szpilka.

The startup creates language learning applications for two- to six-year-olds, an age in which their brains are at their most flexible stage and cognitively suited to learn a second language, according to Monkimun.

The team participated in batch 10 of 500 Startups last year. Over the past six months, the apps have been downloaded more than 1 million times, user growth has been consistent at 15% month-over-month. Currently, 20.000 children are learning with Monkimun apps on a daily basis.

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