AI-Based Education Startup 'Riiid' Achieves Breakthrough in Entering Brazil's Public Education Market

On the 28th of last month, a Memorandum of Understanding (MOU) was signed between Riiid and Celepa at the Paran? State Government Office in Brazil. From the sixth person on the left, Riiid's Vice President Hyun Jun-woo and Paran? Governor Carlos Massa Ratinho Junior are posing for a commemorative photo.

AI-based educational technology company 'Riiid' is entering the Brazilian public education market. Riiid announced on the 5th that it has signed a Memorandum of Understanding (MOU) with Celepar, an IT public enterprise under the state government, to supply AI education solutions.

Paran?, the sixth most populous state in Brazil, is recognized as a region with high income levels and quality of life due to its active economic activities. The state of Paran? is working to digitalize its education system and improve the quality of education by adopting the latest AI technologies.

Carlos Massa Ratinho Junior, governor of Paran?, visited Riiid in March to review AI education technology. In April, the CEO of Celepar, the company leading the MOU on behalf of Paran?, also visited Korea to hold discussions with Riiid.

Riiid plans to sequentially supply 'Quizium,' an AI solution that automatically extracts questions from video educational materials, and 'Wise Alpha,' an AI learning management system for teachers, throughout this year and next year. Initially focusing on English subjects, they have agreed to continuously expand content to include mathematics, science, history, and more.

Quizium is a B2B solution not yet introduced in Korea and will be presented to Brazilian students for the first time. Through this solution, learners can immediately check and review the knowledge gained while watching video lectures, thereby enhancing learning effectiveness.

Wise Alpha, a B2B solution, is an AI learning management system for teachers that analyzes students' learning data to provide personalized learning experiences. It is also planned to be developed and supplied for public education in Korea through an MOU with the Seoul Metropolitan Office of Education.

Through the MOU with Riiid, Paran? aims to be the first in Brazil to introduce innovative AI-based education solutions and lead the educational paradigm.

Governor Ratinho Junior stated, "We are striving to introduce technologies that help teachers interact more with students and modernize classes," adding, "We have high expectations for collaboration with Riiid, a startup holding numerous global patents in the field of educational technology."

Riiid’s B2B Head, Vice President Hyun Jun-woo, expressed determination, saying, "We will make this a good case essential for improving the quality of public education and achieving educational innovation through AI technology."

Riiid plans to expand its presence in the South American market and strengthen its competitiveness in the global education market through this contract. Previously, Riiid has been recognized in the global market by providing AI education solutions to countries such as the United States, Japan, and the Middle East.

This content was produced with the assistance of AI translation services.