Joachim Horn

Joachim Horn, founder and CEO of SAM Labs

SAM Labs closes £5.1m Series A funding round

The London-based edtech start-up will use the funding to research and develop new educational products to bring to market.

SAM Labs, an edtech start-up which develops STEAM classroom solutions for teachers, has closed a £5.1m Series A funding round led by Touchstone Innovations and E15 Ventures.

The firm will use the funding to develop a number of new educational products that support its mission to inspire every student to discover the fun in coding and creating.

“As a technology company delivering solutions for teaching STEAM and computing, we’re thrilled to deepen our research and development efforts to bring new products to the classroom,” said Joachim Horn, founder and CEO of SAM Labs.

“This round of funding will increase our time spent working closely with teachers, administrators, and standards like NGSS to develop the most engaging teaching materials, hardware, and software to excite students about the possibilities of STEAM.”

Philip Liang, a managing partner at E15 Ventures, said: “SAM Labs keenly understands the importance of democratising coding – making coding education accessible for all students across all skill levels and interests.

“E15 Ventures is proud to invest in tomorrow’s coding experts. We’re pleased to be a partner to SAM Labs as it drives mainstream interest in coding and computer science.”

SAM Labs has already made an impact on coding and computer science education with its current offerings. The company’s STEAM Kit provides a solution for teachers who are looking to bring computer science to the classroom, but may not have received the training or resources needed to properly teach coding.

The company will use the funding to develop new products and also to continue growing its partnerships with government organisations like the City of Helsinki and the UAE Ministry of Education, as well as companies like Microsoft Education and Intel Education.

Elizabeth Broers, global program director at the Intel Education Accelerator, said: “SAM Labs graduated from the Intel Education Accelerator in 2016, and ever since it has grown its efforts to bring STEAM education to classrooms around the world.

“With an increasing demand for quality resources to teach coding and computer science, the importance of products like SAM Labs’ STEAM Kit is magnified, and additional funds to support SAM Labs’ education program will only help increase its impact worldwide.”