PyxiScience is backed by a €2M investment that will help the company expand its AI math program and assist teachers internationally in edtech.

French startup PyxiScience has secured €2 million investment to boost its AI-based platform that helps students with math. The company was part of a round that also brought in Newfund, Invess Île-de-France Amorçage and BPI France.

Thanks to advanced AI, PyxiScience’s platform can easily identify handwritten math and go through each reasoning step point by point, with an accuracy rate of more than 90%. Thanks to this approach, teachers can give individual feedback and assign homework more often to many students who have limited resources.

Established by professors Joachim Lebovits and Jacques Lévy Véhel, PyxiScience works on solutions for challenges in both secondary and university education. Using the platform, students can go over math topics as much as they wish, letting teachers spend less time on making and grading assessments.

Already over 10,000 students at places like Sorbonne Paris North University and New York University (Paris) use PyxiScience and the team is aiming to grow further in North America.

PyxiScience addresses a major concern in higher education by taking workload off educators and supporting many students simultaneously, according to Marjolaine Catil.

Timothée Metz, leader at INCO Ventures, said he liked how PyxiScience intends to make education fair for all by relying on AI and preserving the role of teachers.

The new funding will allow PyxiScience to develop products rapidly and expand in the edtech market by bringing new technology and tools to math classes.