Magikbee, Lda.

Magikbee, Lda. specializes in creating digital experiences that inspire and educate children, promoting mental wellness through innovative platforms. Founded in 2015 and headquartered in Braga, Portugal, Magikbee, Lda. focuses on delivering educational technology solutions.

The company has successfully completed 2 deals, with its most recent funding round occurring on September 17, 2018, when it raised USD 0. 25 mn in Series A funding from Bluemind Investments and an individual investor. Hugo Ribeiro serves as both the CEO and Founder of the company, which has not undergone any significant changes in its business operations or structure since its inception. Magikbee’s core offerings include KidsBeeTV and Magikplay, which provide educational and interactive digital experiences for children.

These products aim to promote creativity and mindfulness, serving parents and educators in North America, Europe, and Asia. By focusing on purposeful innovation, Magikbee ensures its technology positively influences children's development. Magikbee generates revenue through a subscription-based model for its digital platforms. This model offers individual subscriptions for users to access tailored educational content, along with potential partnerships with educational institutions.

The revenue structure includes monthly and annual subscription plans that reflect the depth of content available across its flagship products, KidsBeeTV and Magikplay. Following its last funding round in September 2018, Magikbee plans to leverage the USD 0. 25 mn raised to enhance its product offerings and expand into new markets. The company is looking to introduce additional educational products and strengthen its presence in North America, Europe, and Asia by the end of 2023.