Mathew (operated by Adaptical) is a Spanish edtech startup building an AI platform for teachers and schools that generates personalized learning activities, automatically grades exams and assignments in multiple formats, and tracks individual student progress. It emphasizes 'ethical and secure AI' grounded in each school's own validated curriculum content, with GDPR/EU AI Act compliance and EU-hosted data. Founded by Alan Fusté and Xavi Velasco (project started 2018, company constituted in Sant Cugat del Vallès in July 2020), it raised a €1.2M seed round in April 2026 led by existing backer Encomenda with new investor Decelera plus business angels, and works with 100+ educational institutions across Spain, Andorra, Mexico and Colombia.
Founders
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Investors 2
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Funding rounds 2
| Date | Round | Amount | Lead |
|---|---|---|---|
| 2026-05-26 | Seed | €1.2M |
Lead not disclosed
+2 more
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| 2024-01 | Pre-seed (estimated) | — | Encomenda Smart Capital |
News 2
Open as list →| Published | Article |
|---|---|
| 2026-06-01 |
Mathew Raises €1.2M Seed Round to Expand AI Education Platform Across Latin America ↗
The AI Insider
2026-06-01 |
| 2026-05-26 |
Mathew, backed by Encomenda and Decelera, raises €1.2 million to strengthen its commitment to educational AI ↗
Capital-Riesgo.es (English)
2026-05-26 |