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Artificial intelligence education platform MagicSchool AI raised $15 million

MagicSchool AI, a platform that provides artificial intelligence tools for educators, raised $15 million in a Series A round led by Bain Capital Ventures. MagicSchool said it planned to use the funding to expand its workforce and further develop its K-12 product. The start-up's platform provides artificial intelligence tools for teachers, designed to help them rewrite texts, adapt materials to different grades, develop lesson plans, create assessments, generate IEPs, summarize texts, provide feedback on student work, and more.