Pune-based Function Space Labs Pvt Ltd, a collaboration and learning network for students, researchers and enthusiasts in Mathematics, Physics, and other sciences, has closed a seed round of funding from Nexus Venture Partners. The funding will help the company expand content, develop engaging tools and expand its contributor and user base.
A part of the capital will also be used to build a stronger foundation of collaboration tools appropriate for the science communities and to attract additional experts to the site.
As part of the deal, Sandeep Singhal, co-founder & MD of Nexus Venture Partners will be joining the board of Function Space.
“Function Space serves a crying need to make Mathematics and Sciences fun and engaging. We are thrilled to work with the founding team that is committed to exposing the beauty and usefulness of STEM (Science, Technology and Mathematics) to experts and non-experts alike,” said Naren Gupta, co-founder & MD, Nexus Venture Partners. “We hope to see a platform, where advanced researchers can discuss advanced topics and enthusiasts can be exposed to a collection of traditional as well as emerging knowledge in STEM,” he added.
Function Space was founded last year by Adit Gupta, Sakshi Majmudar and Sumit Maniyar with the idea of creating a complete ecosystem for learning higher science online. The team has strong backgrounds in technology and design. It is a social learning network for science with complete ecosystem (articles, video lectures, problem solving, discussions, and networking) for participants from academia to corporate research.
Function Space claims that it offers a strong community consisting of users from over 190 countries, including students, professors and researchers from MIT, Stanford, University of California, Berkeley and Los Angeles campuses, IIT campuses, Indian Institute of Science and other prestigious institutions.
Adit Gupta, founder of Function Space, said, “Nexus Venture Partners shared our vision of building a one-stop solution for science. Their strong team coupled with Indo-US presence gives Function Space a major opportunity for rapid global expansion.”