Medly AI

Medly AI, an AI tutor startup, has raised $8 million in seed funding to scale its exam preparation platform.

Summary of transaction details:

• Value: $8m (£5.9m)
• Sector: DeepTech & AI
• Advisor: N/A
• Key Entities: Medly AI (Target), Felix Capital (Lead Investor)
• Location: UK

Note: The investment aims to leverage AI to provide personalized tutoring, addressing educational inequalities and capitalizing on the growing edtech market.