Edtech start-up Alchemie raises $700,000 for game-based learning
Edtech start-up Alchemie has been granted $700,000 from the National Science Foundation’s Small Business Innovation Research initiative. Alchemie, which is based in Troy, Michigan offers five mobile apps designed to educate higher education students about chemistry by using games. The grant will be used to hire staff and develop the Alchemie machine-learning platform, Epiphany, which makes the apps responsive to student use and tracks learning progress.

ALCHEMIE, an edtech startup that builds game-based learning tools for higher education, has received $700,000 from the National Science Foundation's Small Business Innovation Research [SBIR] grant program. The Troy, Mich.-based company makes five mobile apps focusing on chemistry education. A press announcement reports that this grant money will go towards hiring staff and further developing the company’s machine learning platform, Epiphany, that “makes the apps respond to individual student use and track their progress."

The $700,000 grant is the second phase of Alchemie's SBIR grant. An initial amount of $150,000 was awarded in January 2016, and $30,000 was awarded in June 2016.