EdTech Venture Capital reached 3x pre-pandemic investment levels in 2021, accelerating startups around the world with over $20B of funding ๐
In 2021, there wereโฆ
โก๏ธ32 EdTech Unicorns ๐ฆ (17 joined during the year)
โก๏ธ61 Mega Rounds ($100M+)
โก๏ธSignificant rounds fromย Unacademy,ย Beijing Fenbi Lantian Technology Company Ltd.,ย Course Hero,ย ApplyBoard,ย GoStudentย Eruditusย andย MasterClass
+ there was a surge of funding in the USA ๐บ๐ธ and EU ๐ช๐บ coupled with ongoing growth in India ๐ฎ๐ณ which more than offset the $8B collapse in China ๐จ๐ณ
EdTech was once a niche sector but is now growing from strength to strength to power students, parents, schools, teachers, professors, governments and employers around the world with critical tools, content, processes and learning outcomes to mitigate learning loss through the pandemic and accelerate up-skilling into a new labor economy
Excited to see what 2022 holds for the sector!
You can find out more in the Global Edtech Venture Capital report 2021 fromย HolonIQย here: