About xEdu
xEdu, an accelerator and incubator program founded in 2015, is based in Helsinki, Finland. With a presence in 16 countries, it has supported around 76 startups in sectors like EdTech, Enterprise Applications. As of Sep 2026, xEdu has witnessed 2 portfolio exits. Most notable companies in
its portfolio include uDocz, 3DBear and Gro Play. The program is backed by a team of 1 people who primarily support Seed startups based in Finland. Its latest investment was a Undisclosed Seed round in GraphoGame on Sep 23, 2022.
Key Metrics
Founded Year
2015
Location
Helsinki, Finland
Sectors of Investment
Stages of Investment
Seed & Unattributed
Locations of Investment
xEdu's List of Top Investments
xEdu has a portfolio of 76 companies. Their most notable investments are in TinyApp and HARDWARIO.Their portfolio spans across Finland, United States, Estonia and 13 more locations. They have invested in EdTech, Enterprise Applications, High Tech and 9 other sectors, across stages such as Seed, Unattributed stages. Here is the list of top investments by xEdu:
1. uDocz
Provider of document sharing and publishing platform. It offers features such as document sharing, finding documents on various subjects, and others. It covers subjects like architecture, engineering, communication, laws, and others.
Key facts about uDocz
- Founded Year: 2015
- Location: Lima (Peru)
- Stage: Seed
- Total Funding till date: $2M
- Employee Count: 53 as on Aug 31, 2026
- Investors: GSV Ventures, Latitud and 3 Others
- Latest Funding Round: Seed, Sep 13, 2022, $*****
- Highlight: Editors' Pick
2. 3DBear
3DBear provides an online gamified learning platform. Its application caters to schools and educational institutions. It offers game modules relying on 3D printing, Virtual Reality, and Augmented Reality to teach 3D modeling, printing, and robotics to students. It is available on iOS and Android platforms.
Key facts about 3DBear
- Founded Year: 2016
- Location: New York City (United States)
- Stage: Seed
- Total Funding till date: $4.4M
- Employee Count: 14 as on Aug 31, 2026
- Investors: Brand Capital International, Rethink Capital Partners and 13 Others
- Latest Funding Round: Grant (prize money), Dec 01, 2023, $*****
- Highlight: Editors' Pick
3. Gro Play
Developer of educational games. It specializes in the development of mobile games that make learning a fun experience. In particular, the company focuses on games that educate users about health, wellbeing and sustainable living. It develops mobile games for multiple platforms including the Android and the iOS platforms.
Key facts about Gro Play
- Founded Year: 2011
- Location: Stockholm (Sweden)
- Stage: Seed
- Employee Count: 10 as on Aug 31, 2026
- Investors: Sting, Reach for Change and 1 Other
- Latest Funding Round: Seed, Jun 13, 2018, $*****
4. Psyon Games
Psyon Games is an independent game development company based out of Finland. It specializes in developing games based on the casual genre. It develops games mainly for Android platform. The games are available free-to-play but generate revenue through in-app purchases.
Key facts about Psyon Games
- Founded Year: 2013
- Location: Jyvaskyla (Finland)
- Stage: Seed
- Employee Count: 14 as on Aug 31, 2026
- Investors: Sisu, Futuristic and 3 Others
- Latest Funding Round: Seed, Feb 15, 2016, $*****
5. Mesensei
Mesensei is a technology company that provides a solution to create and design a private social network for organizations. Features include community management, data management, mobile app, integration to IT infrastructure, and more. The app is available on Android and iOS platforms.
Key facts about Mesensei
xEdu's Year-on-Year Investment Trends
xEdu has invested in 76 companies over the last 10 years, with an average of 7 new investments annually in the last 10 years. Its most recent first time investment was in GraphoGame and most recent follow-on round was in Mightifier.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 7 | 0 | 7 |
2021 | 0 | 0 | 0 |
2020 | 0 | 0 | 0 |
2019 | 16 | 0 | 16 |
2018 | 17 | 0 | 17 |
2017 | 17 | 0 | 17 |
xEdu's Investments by Stage
xEdu has made 74 investments in Seed stage with an average round size of $63.7K and 1 investment in Unattributed stage.Stage of entry | No. of Investments |
|---|---|
Seed | 74 |
Unattributed | 1 |
Note: We have considered here, only first round of investments
xEdu's Investments by Sector
xEdu has a diverse portfolio, with companies operating in the EdTech, Enterprise Applications, Education, High Tech and Consumer. Notably, it has invested in 54 Tech companies, 36 Consumer (B2C) companies, 32 Software companies and at least 26 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
EdTech | 45 |
Enterprise Applications | 17 |
Education | 9 |
High Tech | 9 |
Consumer | 7 |
Others | 40 |
Note: We have considered here, only first round of investments
xEdu's Investments by Geography
xEdu has made most investments in Finland (44), followed by United States where it has made 5 investments.Country | No. of Investments |
|---|---|
Finland | 44 |
United States | 5 |
Estonia | 3 |
Italy | 3 |
Netherlands | 3 |
Others | 16 |
Note: We have considered here, only first round of investments
xEdu's recent investments
xEdu has not made any investment in 2026 so far.Here are the most recent investments by xEdu:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 23, 2022 | Finland | Seed | 2358 | - | |
Sep 23, 2022 | Italy | Seed | 3475 | - | |
Sep 23, 2022 | United States | Seed | 5080 | - | |
Sep 23, 2022 | Lithuania | Seed | 7460 | - | |
Sep 23, 2022 | Finland | Seed | 3853 | - |
Acquired companies in xEdu's Portfolio
2 companies from xEdu's portfolio have been acquired. The most recent acquisition was Kide Science in Oct 2023 by STEMscopes Science for $*****.Here are xEdu's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 05, 2023 | Dec 04, 2018 | Seed | 3202 | |
Oct 29, 2020 | Feb 15, 2016 | Seed | 7941 |
Team profile of xEdu
xEdu has a team of 1 member located in Finland. xEdu's team does not sit on the board of any company as of now.Co-investors of xEdu
Over the past 10 years, 27 investors have co-invested in xEdu's portfolio companies. This includes funds and angels.
- Invested before xEdu: Sting, IMPACT Accelerator and 2 others have invested in rounds before xEdu. There is 1 company where Sting has invested before xEdu and 1 company where IMPACT Accelerator has invested before xEdu.
- Invested after xEdu: A total of 23 investors have invested in xEdu's portfolio after their investments. Top Investors include Europa (6 companies) and EIC Fund (2 companies).
Recent News related to xEdu
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