Anoto’s education subsidiary Knowledge AI Inc receives an investor term sheet for USD 4 million

Stockholm, September 17, 2020 – Anoto Group AB (“Anoto” or the “Company”) today announces that its education subsidiary Knowledge AI Inc (“Knowledge AI”) has received a term sheet from a group of reputable family offices and individual investors from South Korea to invest in Knowledge AI. The proposed investment is USD 4 million at a pre-money valuation of USD 35 million, and the