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Reading: Portuguese EdTech Miles in the Sky Raises €1.5M in Seed Round
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Home > News > Portuguese EdTech Miles in the Sky Raises €1.5M in Seed Round
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Portuguese EdTech Miles in the Sky Raises €1.5M in Seed Round

 - Shalini-pathak
Shalini Pathak Published Apr 19, 2023
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Portuguese Edtech Miles in the Sky Raises €1.5m in Seed Round - Miles-in-the-sky-raises-€15m
Portuguese EdTech Miles in the Sky Raises €1.5M in Seed Round
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Miles in the Sky, a Lisbon-based education technology company aiming to transform the learning experience for students and professionals, announced that it has raised €1.5M in a seed round led by Armilar Venture Partners, a Portuguese VC that backed StudentFinance and Coverflex. The startup will utilize the capital to accelerate the platform’s development to use this new methodology at scale.

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Co-founded by Paulo Silva, Francisco Martins, Pedro Santa Clara, Ricardo Pereira, and Luís Miguel Sous in 2021, Miles in the Sky creates better learning environments to prepare individuals and organizations for the future. It offers tailored, effective learning opportunities that help organizations, corporations, and schools fill skill shortages, expand delivery, and boost participation. The startup aims to positively impact society, deploying more effective learning experiences enabled by a distinctive learning model and an innovative digital platform.

The company combines the latest trends in pedagogy and technology with human support. This helps the startup build a learning experience that combines the interaction and collaboration traits of face-to-face teaching with the interactivity and scalability of the digital model.

Commenting on the investment, Co-founder & CEO of Miles in the Sky, Paulo Silva, said:

This investment serves as a catalyst for us to bring advanced technology and engaging experiences to organizations that will change the future of education and training. We are delighted to have the support of Armilar and three other investors to help accelerate the development of our unique learning platform.

Miles in the Sky claims it already has a trusted partner for over 500 learners from enterprises, public entities, schools, and universities. It develops projects with companies, schools, and public and social entities in areas such as digital literacy and programming fundamentals for data analysis.

Adding further about the fundraising, Joaquim Sérvulo Rodrigues, Partner, Armilar, said:

Delivering effective training at scale is a growing worldwide problem. Online courses have, so far, fallen short in engaging students and driving meaningful learning outcomes. The traditional classroom model, on the other hand, is not scalable. We believe that Miles in the Sky has cracked the code of effective online education through their innovative learning model and platform, which provides an effective learning experience at scale.

Miles in the Sky has recently launched a programme for companies to train low-code programmers in partnership with OutSystems.

TAGGED: EdTech Funding, EdTech Investors, EdTech Startups/Companies, Innovation, Online Courses, Online Education
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 - Shalini-pathak
Posted by Shalini Pathak
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Shalini Pathak is a Staff Writer at EdTechReview (ETR) - India's leading edtech media & community. She has over four years of experience in media, covering different beats. Like all writers she's an enthusiastic reader first with a passion to create out of the box content, and an ability to write about any topic. As a part of the ETR team, she will cover the latest in the edtech industry with a focus on edtech startup stories and their funding.
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