Up to €6m · Debt · Edtech · Warsaw, Poland
Warsaw-based Coding Giants has secured access to up to €6m in venture debt from Orbit Capital to expand its technology education business in the US, Mexico and Spain. Polish business publication XYZ reports that the facility will support both organic growth and acquisitions. The “up to” structure matters: €6m is the maximum available financing, not necessarily capital already drawn.
Coding Giants, known domestically as Giganci Programowania, teaches programming, artificial intelligence and mathematics to children and teenagers aged six to 19. The company says its courses have reached more than 130,000 students, delivered by a community of nearly 1,000 educators, and it now operates across 13 markets.
Debt puts acquisitions on the expansion menu
The company began with coding classes and is broadening towards a wider digital-skills curriculum. Its next growth step combines new subjects with new geographies: management told XYZ that Latin America is a priority and that acquisitions could accelerate access to local customers, instructors and curricula. The US, Mexico and Spain are named target markets.
Venture debt can fund that expansion without immediately issuing another large block of equity, but it brings repayment obligations. That makes the company’s reported move into profitability important. Founder Dawid Leśniakiewicz told XYZ that Coding Giants had been profitable for several months after spending heavily to enter new markets in 2025. The facility therefore tests whether a recently profitable education business can turn local delivery capability into repeatable international growth.
The model must travel, not just the brand
Coding Giants was founded in 2017 by Leśniakiewicz, Piotr Pełka, Sebastian Langa and Radosław Kulesza. It initially bootstrapped, then raised €3.5m in 2023 and €8.5m in 2024 for international expansion. Orbit Capital says the company’s scalable model and management experience support the new debt investment.
The central execution challenge is localisation. Education products depend on language, school calendars, parent acquisition and a dependable instructor base. Acquisitions may shorten market entry, but they also add integration risk. Success will be measured less by the number of territories opened than by whether each market can acquire families efficiently, maintain teaching quality and service the debt from durable cash generation.
Explore this theme
Venture Debt: Structuring & Deal Terms — EUVC Academy · 15 October 2024. A practical overview of why growing companies use debt alongside equity and the repayment, covenant and dilution trade-offs involved.
Sources checked:
XYZ · The Recursive · Coding Giants · Tech.eu Funding Explorer
