Orbit Capital backs Coding Giants to scale STEM education internationally
Polish educationplatform Coding Giants has secured up to €6 million in venture debt financingfrom Orbit Capital to support its international expansion.Founded eight yearsago, Coding Giants provides te...
Polish education platform Coding Giants has secured up to €6 million in venture debt financing from Orbit Capital to fuel its international growth. Established eight years ago, Coding Giants offers technology education for children and teenagers, focusing on coding, artificial intelligence, and mathematics. Currently active in 13 markets across Europe and the Americas, the company has educated over 130,000 students.
With increasing demand for STEM education worldwide, Coding Giants seeks to expand its educational model globally. Their method integrates technical expertise with practical learning, fostering students' experimentation with technology while enhancing analytical thinking, creativity, and problem-solving abilities. Courses aim to cultivate an understanding of digital tools and their potential to drive innovative solutions.
Dawid Leśniewicz, co-founder of Coding Giants, emphasizes that the company's objective extends beyond instructing children on specific tool usage. Coding, AI, and mathematics nurture logical thinking, curiosity, and problem-solving skills—essential for young people to comprehend technology and actively contribute to its creation.
The company presently generates around $15 million in annual recurring revenue (ARR). Coding Giants identifies further expansion opportunities in the Americas, where it already maintains an office in Mexico, as well as in European markets like Spain. Jakub Kaczmarek of Orbit Capital pointed to Coding Giants' scalable business model, escalating demand for its educational services, and the team's international expansion experience as pivotal elements influencing the investment.
The company intends to utilize the funding primarily for reinforcing its foothold in the US and Mexico, alongside pursuing growth prospects in Spain and additional markets through organic expansion and acquisitions.
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