KIDZ AI (Nasdaq: KIDZ) said on Thursday that it has drawn $1.9 million from its $500 million senior secured convertible note facility, with proceeds earmarked for manufacturing capacity and school-level rollouts of its KIDZBot physical AI robotics education platform. The figure is stated before placement-agent fees and offering expenses.
What KIDZBot actually is
KIDZBot is a classroom-ready robotics platform that teaches robotics, coding and AI concepts through hands-on hardware. Its software stack includes the Kidzqbot and Kidzbricks apps, which combine visual block coding with a ROS interface, alongside a proprietary K-12 curriculum on robotics and physical AI and a training program for teachers. Android versions are shipping today, with an iOS release in development.
Classover Robix is doing the hardware
KIDZ AI, the rebranded Classover Holdings, has set up a subsidiary called Classover Robix Inc. to focus on embodied AI hardware, manufacturing partnerships and institutional school distribution. The company is aiming at the roughly 27,000 U.S. public and private secondary schools that together serve more than 16 million high-schoolers, and has already been selected for a poster presentation at the December 2026 AI in Education Conference.
Why draw only $1.9M from a $500M facility
“We are focused on building a practical robotics education ecosystem around KIDZBot, combining hardware, software, curriculum and educator support,” CEO Stephanie Luo said. The small draw is consistent with how thinly capitalised education technology names have managed their standby facilities this cycle: raise capital only as school deployments and manufacturing commitments come in, keeping dilution tightly bounded. The $500 million shelf is meant to fund what the company hopes will be a multi-year district-level scale-up.
Physical AI moves into the classroom
KIDZ AI's push arrives as physical AI is being packaged for younger users elsewhere in the sector, including Tutor Intelligence's classroom-scale Cassie deployments, Reward AI's OM-1 human-data-only foundation model, and Anthropic's Claude-led internal R&D flywheel.
Reporting based on The AI Insider and KIDZ AI investor communications.