Lexplore raises SEK 50 million for expansion

AB Segulah’s portfolio company Lexplore, which uses advanced AI to develop students’ reading ability, raises

SEK 50 million to accelerate its expansion plan. AB Segulah is involved in this rights issue, but the largest investor in this financing round is  Finnish Sparkmind, a company (EdTech) that focuses on the education and school sector.

Lexplore’s largest markets are Sweden, the UK and the USA.

For further information, please contact

Lars Axelson, CEO Aktiebolaget Segulah, +46 70 511 51 30