This Sequoia-backed EdTech startup that's bringing NFTs to classrooms just secured an $8.5 million funding round

• EdTech startup TinyTap raised $8.5 million for staff expansion and product development, Insider has learned.

• The Animoca Brands' subsidiary is backed in the latest round by firms including Sequoia China and Polygon.
• A cofounder says the round took longer to close because of uncertainty in the crypto space at the end of last year. 

TinyTap, an educational technology startup and Animoca Brands' subsidiary, has secured an $8.5 million funding round, Insider has learned.

The Tel Aviv-based EdTech firm will use the funding for staff expansion and product development. 

Sequoia China, Shima Capital, Polygon, Liberty City Ventures, Kingsway Capital, and GameFi Ventures are among the backers for the company's latest funding round.