Sumdog nets £1.4m to fuel expansion

● Company aims to have helped 15 million children in UK and US by 2022

year and expects to build on “significant” growth in 2017. It is also working on plans to create an “immersive” 3D learning environment to capture the imaginations of children who may have become disenchanted with school and learning.

Kerry Sharp, head of the SIB, the investment arm of economic development agency Scottish Enterprise, said: “Our decision to provide growth funding to Sumdog was based on the company’s innovative approach, commitment to inclusion, international outlook and economic added value – all factors that Scottish businesses need to be able to thrive and grow in the future.

“Sumdog is another example of a strong, successful Scottish company to come out of Edinburgh’s tech business hub and is a huge endorsement for Scotland’s position as one of the leading tech hubs in the world.

“In addition to investment, Scottish Enterprise has been supporting the company through our account management team in areas such as innovation, R&D and international market development.”

Nesta Impact Investments, which was launched in October 2012, is a £17.6m investment fund supported by Big Society Capital, Omidyar Network and Nesta.