🚀 This Week in EdTech 🚀 (Issue #30)
25 Jul - 31 Jul 2022
News
🇺🇸 JFF announced their excitement to join the White House’s Talent Pipeline Challenge. The Challenge, launched in June, aims to galvanize leaders from the public, private, nonprofit, and philanthropic sectors to develop talent in key fields that create the US’s infrastructure. The call-to-action focuses on supporting equitable workforce development in areas such as broadband, construction, and electrification. Find out more here
🇬🇧 The UK EdTech market is expected to reach £3.4bn ($4.1bn) this year following the digital transition spurred by the pandemic, attracting investments worth more than $1bn since 2014 – more than the next three countries combined – and dominating the European edtech market. Read more here
Notable raises
💰 Allwhere launched out of stealth with $9.5m in seed funding to help companies manage their remote workforce. Allwhere has customers ranging from startups to enterprises in North America, Latin America, and Europe. The company has tripled in size in just a few months
💰 Kona, the employee experience platform for remote teams, closed $4m. Kona helps managers build people-first leadership skills, enabling them to build daily habits to build trust and stay on top of mental health. Kona has helped more than 200 teams establish people-first cultures
💰 Creative Intell Inc. raised $3m for their AI-Powered, music industry dealmaking platform. Creative Intell (CI) is developing a suite of patent-pending, AI-powered legal and educational tools that empower musicians and their teams to take control of their careers and make smarter deals
💰 Chefkart raised $2m. ChefKart is transforming the hospitality industry by upskilling the unorganized home cooker. The company has served more than 3,200 families and is managing 2,300+ cooking sessions daily with a 15 per cent MoM growth