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Gizmo, an AI educational platform, raised a $22 million Series A, CEO Petros Christodoulou tells Axios exclusively.

Why it matters: The ed-tech VC market has favored later-stage deals thus far in 2026.

Follow the money: The round was led by Shine Capital, with participation from Ada Ventures, Seek Investments, GSV, and NFX, who previously led Gizmo's $3.5M seed round.

How it works: The London-based platform geared toward teens and young adults turns users' notes into gamified study materials to keep students engaged. The platform has 13 million users globally.

"Instead of trying to reduce screen time, we're redefining it," Christodoulou says.

Between the lines: The majority of capital will go toward expanding Gizmo's engineering and AI teams, as well as scaling in the U.S. college market, Christodoulou says.

Zoom out: Ed tech has historically attracted less private equity, but investor interest is picking up as more platforms show improved outcomes.

Leeds Equity Partners, a New York-based firm focused on education and training, closed a $1.4 billion fund last week, topping its $1 billion target.

Exclusive: AI learning platform Gizmo raises $22M Series A

The London-based company gamifies studying.

Illustration of Benjamin Franklin wearing a school cap with a tassle. 

Gizmo, an AI educational platform, raised a $22 million Series A, CEO Petros Christodoulou tells Axios exclusively.Why it matters: The ed-tech VC market has favored later-stage deals thus far in 2026.

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Exclusive: AI learning platform Gizmo raises $22M Series A

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