Announcements

Fairy-tale app Readmio secures €1 million investment from Polish VC to fuel global expansion

by
Jakob Ulrych
February 5, 2026
Fairy-tale storytelling app Readmio has reached another major milestone, securing €1 million in new funding from Polish impact fund Simpact Ventures. The investment will support the company’s global expansion into Asia, the United States, and Latin America.

Currently available in 135 countries and offering stories in nine languages, Readmio continues to attract families worldwide. Over the past year, the number of paying users has tripled, highlighting growing demand for the app’s unique approach to shared reading. Unlike traditional story apps, Readmio uses voice recognition technology to detect when parents are reading aloud and automatically enhances the storytelling experience with music and sound effects—from chirping birds to crackling fires.

Readmio’s library now includes 3,277 fairy tales in Slovak, Czech, Polish, English, German, Portuguese, Italian, Spanish, and most recently, Hindi. The app features both classic tales such as Little Red Riding Hood, Snow White and the Seven Dwarves, and The Ugly Duckling, as well as original stories written by child psychologists and teachers.

Parents can choose to read stories aloud while the app adds sound effects in real time, or children can listen to the stories as pre-recorded audiobooks. Each story also comes with educational activities, such as coloring pages, reading comprehension quizzes, discussion questions, and printable worksheets—helping families turn storytime into a fun learning experience.

 
Growing global popularity

To date, over 2 million users have downloaded Readmio from Google Play and the App Store, collectively reading or listening to over 10 million stories with their children. The app now reaches over 300,000 monthly active users, and more than 50,000 families currently hold a paid subscription.

“The number of our paying users is growing rapidly, more than doubling every year, mainly thanks to the fact that we already offer fairy tales in nine languages.”

And this year, Readmio was selected among the top 200 startups worldwide for TechCrunch’s prestigious Startup Battlefield at Disrupt 2025 in San Francisco — a highly competitive program run by one of the world’s most influential tech publications. The selection not only earned Readmio a free booth at the event and the opportunity to pitch in front of leading global investors and media, but also helped the company expand its presence in the U.S. market and build relationships with potential strategic partners.

 
Simpact Ventures backs Readmio with €1 million

The new €1 million investment from Simpact Ventures will further accelerate Readmio’s international growth.

“The investment represents another step in our mission to transform the way we tell stories to children. We have created something special – 10 million told stories to children in 135 countries – but we have the ambition to increase this number and give millions more children the gift of imagination, empathy and joy through these stories. Every download, every listen, and every shared story is important.”

Simpact Ventures first backed Readmio in December 2024 with a €500,000 investment. 

“We believe in the Readmio team’s growth vision. We understand each other well. The technology is successfully entering new markets and users rate it highly. Spending quality time with children is crucial to their development. Beyond the enormous business potential, there is real social impact consistent with the fund’s investment policy. Our investment will enable faster product development and, above all, faster scaling into new markets such as India, China and other Asian markets.”

Earlier, the company also gained support from other prominent investors: in 2021, Czech fund ZAKA VC invested €500,000, and in 2022, Readmio raised €1.1 million from Zero One Hundred and DEPO Ventures.

“We already saw the huge potential of the Readmio team and app back in 2022. Unlike many other applications, it actually teaches children something new, introduces them to unique stories, and most importantly, facilitates moments and interactions with their parents that they will never forget. This is a fundamental value that is guaranteed to work all over the world. Thanks to this, the number of subscribers and serviceable countries constantly keeps growing.”

Readmio’s international growth is also being strengthened through a strategic partnership with T-Mobile, one of the world’s leading telecommunications brands. The collaboration includes several European and North American markets — the United States, Germany, the Czech Republic, Slovakia, Austria, and Poland — and aims to bring Readmio’s innovative storytelling experience to millions of families within the T-Mobile ecosystem.

Through this partnership, T-Mobile customers in participating markets gain special access to Readmio, helping the app reach new audiences and deepen engagement in key regions. The collaboration reflects a shared goal: supporting family time, education, and creativity through digital experiences.

Subscribe to our newsletter

Join our newsletter to get the best hottest startup tapas.

Popular posts

Czech FinTech Flowpay Acquires German Tapline to Expand Its SME Financing Platform Across Europe

March 3, 2026

Czech FinTech WanderWallet Raises $500,000 Pre-Seed to Help Travelers “Pay Like a Local” in Latin America

March 4, 2026

Momenta Leads €2.5M Series A in Wroclaw-based Surveily, Advancing Edge AI for Industrial Safety

March 5, 2026

Related posts

Austrian Post has successfully completed the acquisition of a 70% stake in euShipments.com AD (“euShipments.com”), the preferred logistics partner for online merchants in Central and Eastern Europe. The transaction was finalized after receiving all required regulatory approvals from FDI Romania and the Bulgarian Commission on Protection of Competition.
by
Jakob Ulrych
FIRSTPICK is launching a new €25 million fund to invest in early-stage Baltic startups, focusing on founders who may be overlooked by traditional VC criteria. Backed by local entrepreneurs and private investors, FIRSTPICK aims to support early-stage teams from inception, helping them validate ideas and grow the regional tech ecosystem.
by
Tom Cironis
Momenta has led a €2.5 million Series A round in Surveily, a Wrocław-based edge AI company embedding real-time computer vision directly into industrial safety operations. Alongside Look AI Ventures, Momenta led this round ahead of an anticipated second close from a Polish investment fund. This investment underscores Momenta’s commitment to advancing AI-driven safety innovation while accelerating Surveily’s USA expansion and product development.
by
Jakob Ulrych
Backed by BD Partners and DEPO Ventures, the fintech startup is scaling rapidly across Brazil, Argentina, and Bolivia.
by
Jakob Ulrych