🚀 This Week in EdTech 🚀 (Issue #21)

23 May - 29 May 2022

🚀 This week in EdTech 🚀

💥 Have you been following the 2022 EdTech World Forum which is taking place in London? The forum is featuring keynotes and speakers from Google, i30, Pearson, Cambridge University, BitDegree, UCL and more! The full list of speakers and sessions can be found here.

💥 Supercharger Ventures launched their Incubator 2.0. global cohort. You can check out the list of startups that made it through here.

💡 Want to understand what a venture capitalist thinks is next for the EdTech sector? Check out this EdSurge article where Matthew Tower, a principal at Workshop Venture Partners, shares his thoughts.

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Notable raises:

💰 Parallel Learning raised $20m. The US based company was created when it became clear that a new approach was needed in the special needs assessment and therapy space. The company is working in five states and hoping to launch in 12 more by the end of the year. 

💰 Germany-based Knowunity secured $10.5m. The startup enables top students or “Knowers” to create and publish content to help “Learners” better understand the curriculum. It is now one of Europe’s fastest-growing EdTech apps and has over 2.4m users.

💰 HourWork, a SaaS recruitment and retention platform for quick-serve restaurant (QSR) franchise owners, grabbed $10m. HourWork has experienced explosive growth, adding 4,000 franchise locations to the platform in 2021 for a total of over 5,000 locations.

💰 WizKlub, an EdTech startup that builds future skills for school children raised $7.5m. The India-based startup develops skills in children aged 5-15 years through its smart tech programs.

💰 LeHibou raised $6m. With 60k tech consultants, LeHibou is positioned as the leading freelance IT platform. The startup works with major clients such as Axa, BNP, Renault, Accor Hotels, ManoMano, LVMH and Vinci.

💰 how.fm, a SaaS training platform enabling warehouse operators to onboard, upskill, and support their operators every day, raised $5.4m.

💰 UAE recruiting platform Ogram raised $3m. Ogram uses technology to enable businesses to book and manage staff on demand, making their job matching 160 times faster and 50 percent more reliable.

💰 Flexa raised $2.5m. Job seekers can use the UK-based startup’s hiring platform to discover more about a potential employer before applying for a job. Flexa has 450k users and is used by 150 companies including Allianz, FARFETCH, Carwow and Elvie.

💰 The UAE's Coinmarketpedia raised $2m. Coinmarketpedia has so far hired 70+ instructors and offers a library of 160+ courses related to subjects such as crypto trading and blockchain.

💰 South Africa’s FoondaMate secured $2m. FoondaMate helps students by guiding them through their revision and giving them immediate answers to questions. FoondaMate has been used by 400k+ students in over 30 countries.

💰 Jovian, a startup focused on data science and machine learning raised $1.5m. Jovian’s flagship data science and machine learning bootcamp helps working professionals transition to a career in data science.

💰 Studeo, the tutoring app tailored to students getting accustomed to remote learning as a result of the pandemic, raised $1.2m. To improve student engagement, the platform has summarized subjects into short videos with in-video exercises and quizzes.

💰 India-based startup StockDaddy, which educates people about investment and trading in stock markets, closed a $1m funding round.

💰 Jobizo raised $500k. Founded in 2021, Jobizo aims to shorten the skills gap of three million healthcare professionals in India by becoming a one-stop solution for all healthcare staffing needs.

💰 Yougami raised $100k. Yougami’s aim is to help kids develop the skills they typically don’t learn through the school curriculum.

💰 iStoria, a Saudi application specialising in helping busy people to improve their English language through reading interesting stories, announced it had raised an undisclosed amount in pre-seed funding.