The financing round was led by Sir Terry Leahy and will support international expansion and artificial intelligence product development.
"Perlego is addressing one of the most pressing challenges in modern education – access to essential learning materials. This investment is a vote of confidence in Perlego’s innovative approach to learning and the platform’s potential to reshape the educational landscape. Investing in the futures of young people has always been a passion of mine, and I am particularly committed to funding research in areas of regional disparity. I look forward to seeing how the business continues to transform access to education and I am incredibly proud to play a part in the journey that aligns so closely with my own values."
KPN Ventures joins the Series C round to back international expansion and appoint a board director.
"Telcos are in prime position to connect and defend organisations. KPN, in particular, has a strong focus on security for its networks and services, making KPN Ventures a perfect partner for our future growth. We have ambitious growth plans for Benelux and the DACH region, and this partnership bolsters our ability to execute."