# Medly AI raises $8 million for exam-prep platform

_Tuesday, August 18, 2026 at 4:00 AM EDT · AI, Capital · Latest · Tier 2 — Notable_

![Medly AI raises $8 million for exam-prep platform — Primary](https://media.thenextweb.com/2026/08/Medly-AI-cofounders.jpg)

London exam-prep platform Medly AI raised an $8 million seed round led by Felix Capital, with Eka Ventures and Ada Ventures returning. The company was also among eight suppliers selected in June for the U.K. AI Tutoring Tools Pioneers Programme, whose research contracts are worth £300,000 each excluding VAT and run through March 2027. Medly says its product marks practice answers and explains feedback through a conversational interface.

## Sources

- [The Next Web](https://thenextweb.com/news/medly-ai-8m-seed-felix-capital-gcse-tutoring)

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Retrieved: 2026-08-18T11:25:17.545Z
Publisher: Tech & Business (techandbusiness.org)