Yuna, a Brazilian AI-powered educational technology platform, has raised $1.6 million in a pre-seed round led by Canary. The funding round also saw participation from Positive Ventures. With this investment round, the company plans to develop its technology further, grow its team, and consolidate its brand.
Yuna, founded in 2023, leverages artificial intelligence to create interactive and personalized children’s books, promoting reading habits during formative years. The platform provides customized stories that bring the whole family to realms of fantasy. Due to its creativity mode, children can effortlessly construct stories to fit any circumstance. It fosters children’s love of reading and their capacity for imaginative play. The app helps families spend precious and treasured time together. One can relax knowing that the firm’s fundamental values are accountability and safety.
Louis Markham, founder of Yuna, shared the company’s vision:
Research around the world links low reading rates to a negative impact on children’s imagination, critical thinking, and cognitive ability. There is a big challenge in encouraging this audience to read due to competition with new technologies, and we don’t want to fight against them but instead use them to bring reading back into the routine playfully and interestingly.
Yuna’s impact is tangible, with over 40,000 families benefiting from its innovative approach. The mobile app, which has garnered a 5-star rating in the App Store from over 100 reviews, is not just a tool for reading but a gateway to imagination and creativity for children.
