Robo Wunderkind, a robotics startup with Ukrainian and Kazakhstani roots, raises $500,000 from European investors

Last week Robo Wunderkind, whose robot aims to provide kids with an easy way to learn coding and robotics basics, secured $500,000 from an international consortium of investors.

The round was led by Warsaw-headquartered Arkley VC with participation from angel investor Juergen Habichler as well as Austria Wirtschaftsservice, an Austrian federal development and financing bank for the promotion and financing of companies.

Headquartered in Austria, the startup is the brainchild of Kazakhstan-born engineer Rustem Akishbekov and designer Yuri Levin, and edtech enthusiast Anna Iarotska, who has Ukrainian origins.

Robo Wunderkind has been awarded several times since its foundation in 2013. The startup was among the top eight startups at Pioneers Challenge 2014, won the Startup of the Year 2015 award in Vienna, received a Robotics award from Festo in 2014, and was a Startup Battlefield finalist at Techcrunch Disrupt SF in 2015.

With roughly $247,000 raised in five weeks on Kickstarter from 1,169 backers in 58 countries, Robo Wunderkind was one of the most successful Ukrainian startups for crowdfunding in 2015, according to “The Deal Book of Ukraine.”

Sources: Robo Wunderkind (1,2), Crunchbase.

Topics: Crowdfunding,