Alice Raises €4.2M in Funding

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Startup Details

• Startup Name: Alice
• Website: alice.tech
• Founders:
  • Kim Rants (CEO)
  • Patrick Gadd (CTO)
• Location: Copenhagen, Denmark

Fundraising Details

• Funding Amount: €4.2 million
• Funding Series: Not specified
• Funding Date: 10/05/2025

Investors

• Lead Investors:
  • Cherry Ventures
  • Y Combinator
• Other Participants:
  • PSV Tech
  • Angels from the US and Europe

Purpose of Funding

• Expansion of operations
• Business reach enhancement
• Development efforts for the platform

Product Overview

• Alice is an edtech platform that uses AI to turn course materials into personalized exam preparation tools. It helps students create tailored notes and exercises based on their study needs, and the platform improves as more users engage with it.

User Adoption

• Over 1,000 students have utilized the system, which is available in 10 countries.

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2025-05-10 09:40:58