€4.5 Million for FABA, a Startup from FuturED EdTech Accelerator | H-FARM
Another win for the educational gaming startup that took part in the 2021 edition of FuturED, the EdTech acceleration program by CDP Venture Capital and H-FARM.
New Investment for FABA, a Startup from the FuturED AcceleratorFABA develops screen-free educational toys, such as storytellers and audiobooks, designed to spark children’s imagination and enhance language development. Founded by Matteo Fabbrini, FABA participated in the inaugural 2021 edition of FuturED—part of CDP Venture Capital’s National Accelerator Network. The program, run in collaboration with H-FARM, supports the growth of the most innovative educational projects. After closing 2024 with €10 million in revenue and earning the title of best-selling toy for ages 0–6 in Italy (Assogiocattoli report), FABA secured a new €4.5 million investment round from CDP Venture Capital SGR, Oltre Impact, and Ad4Ventures.What is FuturED?FuturED is our accelerator program for top EdTech and AI startups that aim to improve learning across schools, universities, and businesses. Over the years, it has supported the growth of several successful companies, including Talentware, Math Legacy, Beyond the Box, SiriusGame, and zick learn. FuturED’s editions have been backed by leading partners such as Google Cloud, Huware, Mondadori Libri, Università Ca’ Foscari Venezia, Angelini Academy, Cisco, Istituto Europeo di Design, Vodafone, and Pfizer.