Mathew, the Catalan startup focused on developing artificial intelligence solutions for the education sector, has secured €1.2 million in a seed funding round aimed at accelerating its international growth and strengthening its presence across Latin America. The transaction included the continued backing of Encomenda — which had already invested in the company in 2024 through its Encomenda Seed II fund — and now adds Decelera, alongside several early-stage business angels.
Based in Sant Cugat del Vallès, the company plans to use the new funding to accelerate its international expansion and strengthen its footprint in key markets such as Mexico. The round, which closed in April, will allow the company to consolidate its international operations at a time of strong business growth.
Mathew expects to triple its revenue compared to 2025, a year in which it had already tripled its income versus its first year of operations. According to the company, these projections are aligned with the sustained growth it has maintained since its launch in 2023, as well as the increasing demand for AI-powered educational tools.
One of the startup’s strategic priorities is Mexico, where it recently reached an agreement with the Centro Nacional de Evaluación para la Educación Superior (Ceneval), considered the leading operator of academic assessments and standardized testing across Latin America. The company views the country as a key market within its international expansion strategy.
In addition to reinforcing its position in Latin America, the company also aims to strengthen its presence in Spain, where it already works with more than 100 educational institutions. Its technology is designed to improve assessment processes, learning experiences, and academic management through AI-driven solutions.
The company’s CEO, Alan Fusté, stated that the new funding round reflects the growth the startup has achieved since its inception. “En Mathew.ai vemos algo más que una oportunidad de mercado. Vemos un equipo construyendo tecnología con propósito, capaz de mejorar la forma en la que se enseña y se aprende, mientras crea un negocio sólido, escalable y con visión a largo plazo”, he said.
The company maintains that its mission is to help transform the educational ecosystem through tools that simplify teachers’ work while enhancing students’ learning experiences. In a context marked by the rapid digitalization of classrooms, Mathew believes artificial intelligence will play an increasingly important role in education.
The investors participating in the round also highlighted the company’s growth potential and the transformative impact its technology could have on the edtech industry. Marcos Martín, CEO of Decelera, emphasized the combination of human impact and business discipline that, in his view, defines Mathew’s project.
Meanwhile, Javier Darriba, GP at Encomenda, argued that “la IA puede transformar el trabajo de los docentes, y Mathew está liderando ese camino”. The investment firm believes the educational technology market is currently experiencing strong expansion, driven by the need to modernize learning systems and by the growth of automation and generative AI-based tools.
Mathew currently operates in educational institutions across Spain, Andorra, Colombia, and Mexico. The company plans to continue expanding into additional Latin American markets over the coming years, supported both by the newly raised funding and by the increasing demand for digital education solutions.
