๐ This week in EdTech ๐
Educapital closed its $108m second fund making it the largest fund in Europe dedicated to Edtech and the Future of Work
+Slack announced the launch of its Fund III focused on the future of work
Most notable raises:
๐ฐย Perlego raised $50m to build out its vision of being the โSpotify for textbooksโ. The London startup currently has 400k paying subscribers who get all-you-can-read entry to c.850k titles
๐ฐย BeeReaders raised $2.5m. It is a digital platform that develops literacy skills in Spanish-speaking students through individualized learning in a game-like environment
๐ฐย India based startup KiCo raised $1m. The platform offers online tutoring solutions for school students. KiCo has been effective in reaching rural residents by delivering information in their native tongue
๐ฐย Sub-10 raised c.$1m. The startup designs each of its 10-minute or less learning units with one purpose and one learning objective, so the learning intention is clear
Links to all articles below๐
https://sifted.eu/articles/educapital-fund-edtech-europe/ย
https://slack.com/blog/news/slack-fund-doubles-down-investmentย
https://serfly.net/news/1298/beereaders-raises-2-5-million-funding-in-seed-round/ย
https://www.business-live.co.uk/technology/gatesheads-sub-10-secures-710000-23391413