# Playvation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/playvation

- Industry: Education/Training
- Headquarters: Helsinki, Finland
- Website: www.moominls.com
- Total disclosed funding: $0.8M
- Latest round: Seed (Jun 9, 2020)
- Investors on record: 1

## About

Playvation Ltd. is a pioneering company focused on innovative language learning solutions for early childhood education. Through engaging applications, they facilitate language acquisition for young learners using interactive and story-based content.Founded in 2015 in Helsinki, Finland, Playvation Ltd. operates Moomin Language School, which provides language learning tools for early childhood education. The company has raised EUR 0.7 mn in Seed funding led by Sparkmind on June 9, 2020, to support its growth initiatives.Moomin Language School offers an interactive learning application designed to enhance language acquisition in young children. The application employs stories, games, and songs to create an engaging learning experience. Targeting educational organizations worldwide, their services are informed by Finnish educational principles with a strong emphasis on play. Their products are actively used in over 20 countries across Europe, Asia, and North America, helping educators improve children's language skills during critical development years.In 2023, Playvation Ltd. reported a revenue of EUR 144,737.50, with an EBITDA of EUR -165,859.70. Their revenue model is based on subscriptions from educational institutions, which allows for recurring revenue as clients renew their access to the learning application and associated materials.Playvation Ltd. is focused on expanding its product offerings and entering new markets. The company plans to introduce new features and enhancements to their learning application in the coming year. With their recent Seed funding of EUR 0.7 mn, they aim to increase their presence in European and Asian markets by the end of 2023, leveraging this investment to enhance product development and marketing efforts.

## Funding rounds

- Seed, Jun 9, 2020, $0.8M — Sparkmind

## Investors

- Sparkmind (https://capitalatlas.ai/funds/sparkmind) — Seed