Wednesday, September 18, 2019

EduTech

We explore innovations and access in learning and education to help the development of skills and creativity for better career pathways and employment, creating healthier economies. 

AR-Based Educational Toy Maker PlayShifu to Boost Growth with $7 Million Raise

PlayShifu, a maker of augmented reality educational toys, raised $7 million in a Series A round led by Chiratae, Inventus Capital and BIF. Three-year-old PlayShifu, with offices in California and India, said it will use the funding to expand...

S. Korea’s Riiid Snags $18 Million: Asian Edutech’s AI Boom

South Korean edutech startup Riiid said it has secured $18 million in Series C funding, tapping into Asian countries’ demand for robotic tutors that makers claims are faster and cheaper than humans.  Riiid focuses on the English language test TOEIC, and...

India’s Most Valuable EduTech Startup Raises $150M, Looks to Expand Internationally

Byju’s, which has been called India’s first edutech unicorn, continues its fundraising spree with a $150 million investment led by Qatar’s sovereign wealth fund, which will help the company with its efforts to expand globally. The money brings total...

GRE-Provider ETS Continues Tip Toe into EduTech Investments

Educational Testing Service (ETS), the world’s largest educational testing non-profit, dipped further into educational technology with its $2 million investment in an accelerator operated with LearnLaunch. ETS Accelerate will focus on startups addressing future job skills, as well as...

Google Wants to Teach Kids about Fake News as Criticism Mounts

Google, criticized for fake news on its websites and weak privacy controls, is hoping for social impact with a program that aims to teach schoolkids how to safely utilize the Internet.   The company, forced to close its Google+ social...

Meet Iranian Founder Who’s Looking to Disrupt U.S. Edutech Startup Market

Martin Basiri, CEO of ApplyBoard, started the company as an international student from Iran in 2015. ApplyBoard, an Ontario-based edutech company, snagged $55 million in series B funding. As more money is pouring into artificial intelligence-powered college counseling startups,...

Two Women at Rice University Are Shaking Up Academia with Entrepreneur Education

Perspectives: Opinions from our network of advisors, investors, operators and analysts on the risks and opportunities they see. Despite the growing importance of the startup culture in keeping the US economy competitive, academia lags behind, preferring the tranquil process of turning out employees for corporations...

The Power of Toddlers: Why Streaming Giants Need to Take Kids’ Content Seriously

Perspectives: Opinions from our network of advisors, investors, operators and analysts on the risks and opportunities they see. Netflix has made only four acquisitions in its history: the comic book company MillarWorld, Albuquerque’s ABQ Studios, the historic Egyptian Theatre in Hollywood, and now small children’s...

360Learning Raises $41 Million to Support Expansion in the UK, U.S.

On Our Radar: Deals we are paying attention to for their impact on industry. 360Learning, an e-learning training platform for business, raised $41 million in a Series B investment to fund an aggressive push into the U.S. and U.K. Investors in the round included Bpifrance, Hi Inov -...

Tastytrade’s Tom Sosnoff: “We’ve chosen the non-traditional marketing direction: the good faith model. And it’s worked.”

Sound Businesses: Profiles of companies and business models we are keeping an eye on. Tom Sosnoff, Founder and Co-CEO of the online financial network tastytrade, says he holds out little hope for those media companies still trying to survive with a revenue stream based on advertising....

Viacom’s Nickelodeon Acquires Sparkler in Pivot Toward Education

On Our Radar: Deals we are paying attention to for their impact on industry. Viacom’s Nickelodeon has acquired Sparkler, an early-childhood learning platform that measures children’s developmental progress. The company’s technology will be used to bolster Nickelodeon’s preschooler-focused Noggin streaming service. Sparkler co-founder Kristen Kane has also been appointed Noggin’s...

WndrCo Ventures Into Ed-Tech with Tinkergarten Investment

On Our Radar: Deals we are paying attention to for their impact on industry. Tinkergarten, a nationwide ed-tech learning program for children through age 8, received $21 million in financing from WndrCo, a holding company run by former DreamWorks and Dropbox executives. WndrCo, led by Dreamworks founder and former...
- Advertisement -