Betabox, Inc. Announces Seed Financing and 2018 Expansion

BetaboxNews

Raleigh, NC – November 1st, 2017 – Betabox, Inc. announced a new strategic investment today that will enable the growing education startup to expand into new markets beyond the southeastern United States.

The new financing has been led by a Houston, TX based group of angel investors including Toral & Palak Pasad and David Hwang. Toral Pasad will lead Betabox Inc’s expansion efforts in the Texas and Gulf Coast regions.

Toral Pasad notes, “We firmly believe in the mission of Betabox and have made this investment to enable local communities to benefit from wider access to STEAM education. We look forward to helping Betabox create lasting impact among students and catalyze interest in STEAM focused careers in Texas and beyond. We could not be more excited about the opportunity to be a part of Betabox and to help them fulfill their mission.”

“Great startups are built by effective teams, and we certainly feel that’s what we’ve gained by welcoming Toral, Palak and David into the Betabox family. They are aligned with our vision for the company and are committed to helping us scale the business.” said Betabox CEO Sean Newman Maroni.

Today, Betabox offers an onsite field trip service to K12 schools and universities throughout the Southeastern US. The company has also launched ‘Powered by Betabox’ which makes it possible for industries to partner with Betabox to co-deploy hands-on educational experiences in local communities utilizing Betabox Mobile Tech Labs.

With this new investment, the company will be evolving its product line to more deeply support the efforts of schools and districts to not only create, but also sustain their hands-on learning programs and curriculums.

About Betabox

Betabox creates and operates mobile educational facilities for some of the world’s most respected districts and schools. Our mission is to engage 1 million young people in hands-on, real world educational experiences by 2020. Our national networks of modular tech labs can be configured with rapid prototyping, life sciences, and digital technologies curated to support a variety of educational and new product development initiatives. To learn more about our mission and products, visit www.betaboxlabs.com or email sales@betaboxlabs.com.