Welcome to our Edtech news blog, your ultimate destination for the latest advancements in the world of educational technology. From cutting-edge Edtech startups to transformative innovations in learning, we’ve got you covered. Join us as we dive into the future of education together.
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Edtech News That You’ve Missed in November 2023
Edtech firm Unacademy appoints Sandhydeep Purri as chief people officer
Image Source: Business Standard
Nov 1, 2023: Unacademy, which helps people learn things online, has hired Sandhydeep Purri to be its new chief people officer. Purri is an expert in human resources (HR) and has worked for different companies for over 25 years.Her extensive experience and expertise promise to amplify our mission and will be invaluable as we continue to expand our team and scale up as an organization,” said Gaurav Munjal, co-founder and chief executive officer, Unacademy. “Her leadership will undoubtedly be pivotal in cultivating talent and championing a culture of innovation and progress at Unacademy.” he added.
Source: Business Standard
How Can Educators Leverage Google Duet AI?
Image Source: Google
Nov 1, 2023: Google has created a new AI tool called Duet AI that can help people with tasks like writing, organizing, and visualizing. Duet AI is currently only available to schools, but Google plans to make it more widely available in the future.
Kyron Learning secures $14.6M to expand its conversational AI technology
Image Credits: Kyron Learning
Nov5,2023: Kyron Learning, an AI-based education company, has raised $14.6 million in funding and received an $850,000 grant from the Bill & Melinda Gates Foundation. The company will use the money to improve its AI technology and develop a K-12 math curriculum.
Kyron Learning’s platform allows students to interact with lessons by answering questions via text or voice. The company’s AI technology understands student answers and selects the appropriate response from a library of pre-recorded teacher responses. Kyron is also working on using AI to generate new responses if a student needs more help. The company is now opening up its platform to all organizations and learning solution providers, allowing them to create their own content using Kyron’s AI technology.
Byju’s in talks to sell US unit Epic for $400 million to ease financial pressure
Image Credit: Bloomberg
Nov 6, 2023: Byju’s, an Indian education company, is in talks to sell its US-based kids’ digital reading platform, Epic, to Joffre Capital for about $400 million. This sale would help Byju pay off a $1.2 billion debt. Other companies, including Duolingo, are also interested in buying Epic.
Source: Business Standard
How AI Could Bring Big Changes to Education — And How to Avoid Worst-Case Scenarios
Nov 14, 2023: ChatGPT is an AI tool that can write essays and other text, and educators are still trying to figure out how to use it. Some educators are worried that students will use ChatGPT to cheat on homework, while others think that it could help them save time on their work. Three education experts say that people are talking too much about how AI chatbots will change education, and not enough about how they will change the world of work. They think that AI chatbots will make big changes to how people work, including in jobs that are done in schools and offices. This could change how we think about education.
Tech Spark AI raises $1.4 million to create ChatGPT alternative
Image Credits: Tamar Huggins
15 Nov, 2023 Tech Spark AI, a company that makes AI tools, raised $1.4 million to build a new AI platform called Spark Plug. The money will help the company develop Spark Plug, which is designed to be a Black-owned alternative to current AI search platforms. Spark Plug will be used to create personalized learning experiences for students, with a focus on underserved Black and brown communities.
Augment provides an MBA-like program, but exclusively online
Image Credits: Augment
Nov 29, 2023: Augment, a French startup, has developed an online MBA program that aims to be an alternative to traditional MBAs. The program is delivered entirely online and includes a mix of videos from inspiring business leaders, case studies, quizzes, written assignments, and downloadable handbooks. Augment recently raised $6 million in funding to help it grow its business. The company is betting that there is a growing demand for online MBAs, especially among working professionals who cannot afford to take time off work to attend a traditional MBA program.
Edtech News That You’ve Missed in October 2023
1. EDUCAUSE 2023: IT Leaders Meet to Discuss Higher Ed Technology Trends
October 9: The EDUCAUSE annual conference took place in Chicago from October 9 to 12 and continued online on October 18-19. The conference focused on higher education IT topics and displayed new technology. It had different sections like cybersecurity, data insights, and teaching. There was an exhibit hall to see new educational tech and chances to meet others in person or virtually. Virtual attendees could chat, use cameras during sessions, and have one-on-one meetings. Those attending in person also had access to the online event.
2. Addressing Concerns Around Online Education in California
October 30: The COVID-19 pandemic has made online education more popular, but there are challenges for universities looking to expand their online offerings. A report from California Competes highlights concerns that inhibit the development of online learning, including quality, data, organizational structure, finance, culture, and values.
Stakeholders question the quality of online education and worry about data privacy and consistent metrics. Organizational structures and financial elements can be obstacles, and there are cultural and value differences to address. To overcome these challenges, universities need to showcase successful programs, establish data standards, foster collaboration, clarify financial aspects, and embrace online education as a tool for inclusivity.
3. Minnesota Drops Degree Requirement for Most Jobs
October 31. Minnesota has decided to stop asking for college degrees in most of its job postings. The Governor, Tim Walz, made this decision because it’s hard to find and keep workers in the job market, and some jobs don’t really need a degree. They will now focus on skills and work experience when hiring, only using degrees when necessary for specific licenses or certifications. About 75% of state jobs will be affected by this change. Many other states have also stopped requiring degrees for jobs recently.
4. A New Transfer Pathway to UCLA
October 31: Governor Gavin Newsom has signed a law to make it easier for students to transfer from two-year colleges to the University of California (UC) system. The new law will create a pilot program at the University of California, Los Angeles (UCLA) where students from certain community colleges can earn priority admission by completing an associate degree for transfer (A.D.T.). If students meet UC admissions criteria but don’t get into UCLA, they will be guaranteed admission to at least one other UC campus. The move aims to streamline the transfer process and make higher education more accessible.
5. Students Outrunning Faculty in AI Use
October 31: A new report shows that while almost half of college students are using artificial intelligence (AI) tools, only 22% of faculty members are using them. Students have shown greater interest and adoption of AI tools, with usage increasing in the last year. Faculty members believe AI is important for the job market, but they are slow to adopt it in the classroom. The report also revealed that students would continue using AI tools even if they were banned. There is a need for clearer policies and greater faculty adoption of AI tools to prepare students for the workforce effectively.
Edtech News That You’ve Missed in September 2023
Duolingo confirms its app will soon include both math and music lessons
Image Source : Duolingo
The company behind the language-learning app Duolingo has confirmed the upcoming launch of a new product called Duolingo Music. They’ve been working on it for some time, and it’s part of a bigger package that includes Duolingo Math and their main language-learning app, all in one place. They’ll be sharing more details about this at their Duocon conference on October 11th.
Thinking with : Introducing AI in Early Grades
Image source: Kinderlab
Check out this neat and up-to-date resource from KinderLab: they’ve put together a curriculum that uses their hands-on robot KIBO to teach kids about Artificial Intelligence (AI). It helps them grasp the basics of what AI can do, and just as importantly, what it can’t do. The curriculum, called Thinking with KIBO: Introducing Artificial Intelligence (AI) in Early Grades, is totally free. It’s meant to guide students in understanding how AI tools function and encourages them to think carefully about how these tools can make positive impacts in their neighborhoods.
Outschool launches an AI-powered tool to help teachers write progress reports
Image source : inc.com
Outschool, the website where kids can take fun classes online, has introduced a new AI tool for teachers. This tool helps teachers make progress reports for their students. Outschool is known for its small group classes, but now it’s also going to offer one-on-one tutoring. This means it will be competing with companies like Varsity Tutors, Tutor.com, and Preply.
AI startup Gizmo raises $3.5M by using gamified quizzes and flashcards to make learning fun
A startup called Gizmo, which helps people learn using fun quizzes, just got a boost of $3.5 million in funding from NFX, Ada Ventures, and Capital T. With this money, Gizmo plans to make its platform available all around the world, hire more tech experts, and introduce new features. Gizmo works by creating quizzes based on what you’ve learned in your classes. You can either type in your notes or let the smart computer figure out the important info from things like PDFs, PowerPoints, websites, and even YouTube videos. You can also bring in notes from other study tools like Quizlet and Anki.
Former Meta AI VP debuts Sizzle, an AI-powered learning app and chatbot
Image source: Forbes
Sizzle is a special learning app created by Jerome Pesenti, who used to be the vice president of AI at Meta. It’s totally free! This app uses clever AI (Artificial Intelligence) to give you step-by-step answers to math problems and tricky word questions. They’ve just added four cool new features. One lets you see how well you did on a problem, another shows different ways to solve it, you can even get multiple answers to one question! Plus, now you can take a picture of your homework and get help with it. Sizzle is a lot like other math-solving apps like Photomath and Symbolab, but it can also tackle word problems in subjects like physics, chemistry, and biology. And here’s the best part – it’s useful for all levels of learning, whether you’re in middle school, high school, or even college-level courses!
UpGrad Harappa to launch AI bot called thriveBOT
Image Source : passionateinmarketing
Harappa Education, which is now a part of upGrad, is introducing a smart helper called thriveBOT. This special chatbot uses AI and can communicate in English, Hindi, and Hinglish. The main goal is to make learning on Thriversity, an online skills library, even better. Pramath Raj Sinha, co-founder and chairman of Harappa Education, explained, “At first, it will be offered to specific groups using Thriversity. Later on, we’ll make it available to more groups.
Byju’s interest outgo on $1.2 billion term loan set to rise
Byju’s, a troubled education technology company, will have to pay even more interest on its $1.2 billion loan. One of the lenders, Fidelity Advisor, has almost doubled the interest rate to 15.5% in just a year. Last July, they were charging 7.01%, and by January of this year, it had gone up to 10.7%. In May, other lenders like Natixis and American Beacon Funds also increased the interest rate from 7% to 12.98%. Oaktree, another lender, raised it from 7% to 10.69%. Byju’s got this $1.2 billion loan with a five-year term in November 2021. In December of the same year, a group of lenders who were part of this loan agreement renegotiated the terms, which included making them pay back a part of the loan more quickly.
Edtech News That You’ve Missed in August 2023
Duolingo spotted developing a music learning app
Work on Duolingo’s next big app, Duolingo Music, is well on its way, according to new findings. Recent development efforts indicate the company’s upcoming app will focus on piano, drums, and sheet music lessons, as the edtech company works to again expand its product lineup beyond its flagship language learning app.
India among biggest edtech centers, tech, people important: Anthology Global CEO
Bruce Dahlgren, the CEO of Anthology, a global edtech company, thinks India is a big deal in the education technology world. Anthology operates in 80 countries and has 150 million users. They’ve been in India since 2000, with offices in Bengaluru and Chennai. Dahlgren, who recently took charge, visited India early on because he believes in the importance of technology and the talented people here. While they didn’t share specific numbers, Anthology considers itself a major player in the global edtech scene. In fact, over a quarter of their employees are from India.
Source: business standard.
GoStudent adds another $95M to its war chest to go after VR and AI-enhanced tutoring
The company has a new plan to use artificial intelligence (AI). They want to make tools powered by AI a top priority. Right now, they have about 23,000 tutors working with them. They’re working on a special AI tool that can create lesson plans based on what students learn in their area. This tool should help tutors save about 15 minutes on each lesson they teach.
Discovery Education Announces Acquisition of DreamBox Learning to Make Learning More Useful
Discovery Education, a top education technology company, is buying DreamBox Learning, which helps kids from preschool to high school with their learning. This will help over 6 million students and 600,000 teachers all across the USA. By adding DreamBox Learning to their family, Discovery Education wants to make classrooms more modern and connected to the world we live in today. DreamBox Learning’s products will work well with Discovery Education’s other digital tools like Discovery Education Experience, Digital Textbooks, and Mystery Science, all helping students do better in school.
Unstop raises $5 million from Mynavi and Coursera in its first funding round
Unstop, a platform that helps students and recent graduates connect with communities and find job opportunities, has successfully secured $5 million in its initial round of funding. This funding round was led by Mynavi, a prominent job board and HRTech company in Japan.In addition to Mynavi, Coursera, a well-known online learning platform with a presence in India, also contributed to this funding effort. Other investors who joined in this round include Venture Catalysts, 9 Unicorns, and Pankaj Bansal through his fund Caret Capital. This investment will enable Unstop to expand its services and enhance its mission of supporting students and graduates in their journey to connect with communities and explore job opportunities.
Source: financial express
Counselling Services Launches Online Virtual Training Programme ‘Kognito’
The University of Nevada, Reno Counselling Services has introduced a program called Kognito. It’s an online simulation that lets faculty, staff, and students practice helping someone who is going through a tough time mentally. This program helps everyone on campus learn how to create a safe and supportive community that looks out for each other’s mental well-being.
Edtech News That You’ve Missed in July 2023
Image Source: Preply
Preply, the language app renowned for live tutors, concludes Series C at $120M
Preply, the language learning platform that links students with 35,000 tutors and group classes in 50 languages, secures an additional $70 million in funding to expand its Series C to $120 million as it embraces a focus on AI to revolutionize language learning further.
Source: Tech Crunch
Online Doctoral Programs for Early Childhood Professionals launched by the American College of Education
American College of Education, a prominent provider of online and cost-effective higher education, introduces two additional doctoral-level degrees, expanding its post-master-level offerings, which already include 12 other degrees. As per the latest IPEDS data, ACE ranks as the nation’s eighth-largest granter of doctorates in education.
Edtech News That You’ve Missed in June 2023
Image Source: Global Happenings
GoStudent Launches GoVR in Partnership With Immerse & Meta
GoStudent, a prominent global tutoring provider, launches GoVR, an innovative virtual reality language learning platform for students aged 13-18. Developed in partnership with Immerse, an acclaimed VR training platform supported by Meta through a generous hardware donation of Meta Quest 2 VR headsets, this groundbreaking initiative seeks to revolutionize language learning for students.
Source: FE News
Praxis Labs, a SaaS-based VR learning platform, secures funding from Accenture
New York-based Praxis Labs, a software-as-a-service virtual reality (VR) company specializing in immersive learning, receives investment from Accenture. The platform focuses on developing users’ soft skills and fostering equity, inclusion, and value both in the workplace and beyond.
Source: Accenture Newsroom
edX collaborates with the Raspberry Pi Foundation to introduce expert-led courses for educators.
edX, a top online learning platform, welcomes the Raspberry Pi Foundation as its newest partner, joining hundreds of institutions to expand access to premier education. The Foundation, a global education charity fostering creative and effective digital technology use among youth, introduces 20 online courses empowering teachers to enhance skills and educate students on computing and computer science.
Source: edX Press
INTO University Partnerships introduces its digital community platform catering to international students
INTO University Partnerships has unveiled an innovative digital community platform exclusively designed for international students, aiming to revolutionize their academic journey abroad. This first-of-its-kind INTO Community platform acts as a centralized hub, fostering real-time interactions and engagement among students and faculty, regardless of their geographical location. Similar to leading social platforms, this seamless experience enables students to access a plethora of resources, events, job opportunities, mentors, and much more.
Source: The PIE News
Coursera & MedCerts Partner to Offer Healthcare Courses to Global Learner Community
MedCerts, a trailblazer in online healthcare and IT certification training and a Stride, Inc. subsidiary, joins forces with Coursera, a prominent online learning platform, to deliver healthcare courses globally. Launching on Coursera on June 15, the new, beginner-level Specialization program will cover Medical Billing and Coding. It will be available to more than 124 million registered learners on Coursera globally.
Source: Business Wire
Edtech News That You’ve Missed in May 2023
Image Source: Antimatter
Antimatter utilizes memes to elevate C students to C+ students
Antimatter, an ed-tech company, follows a straightforward and captivating concept: Students who truly comprehend a subject can create memes about it. According to Jonathan Libov, the founder and CEO of Antimatter, “To be able to shitpost, you have to understand the subject matter really well.” He believes that “shitposting” represents the highest level of consciousness.
Source: Tech Crunch
Byju’s, the Indian edtech giant, secures $250 million in funding and is set to finalize an additional $700 million
Byju’s, the edtech major, has secured $250 million in a recent funding round from Davidson Kempner, a US-based investment firm. The funding is part of a larger $700-million fundraising, valuing the company at $22 billion. Davidson Kempner’s investment involved structured equity through convertible notes, providing the option to convert the loan into equity later.
Source: Financial Express
Leverage Edu introduces Univalley OS, a University Operating System
Leverage Edu, the prominent migration-tech platform for higher education, unveils Univalley OS, the most comprehensive university operating system globally. Univalley OS, a University Saas solution, empowers universities to simplify and automate student recruitment processes, encompassing application assessment, payment tracking, and visa issuance.
Source: Ed Tech Review
Utobo Collaborates With Microsoft to Empower Online Coaching Institutes
Utobo, a Silicon Valley educational technology startup for creators to monetize courses and other content online, has announced a strategic partnership with Microsoft & G7 CR Technologies. According to an official statement, the partnership will revolutionize how small coaching businesses grow and thrive in the digital world.
Source: BW Businessworld
Jordan-Based Abwaab Launches ChatGPT-Powered Test-Prep Experience
Abwaab, the rapidly expanding education technology company in MENA, has revealed its integration of OpenAI’s ChatGPT to enhance students’ test-prep experience with personalized and comprehensive feedback. Through this integration, students in the region can now receive immediate and tailored responses to open-ended questions.
Source: CB Insights
Edtech News That You’ve Missed in April 2023
Image Source: Explico
Singapore-Based Explico Raises $1.4M in Pre-Series A Funding
Explico, an online assessment-based learning platform using AI and machine learning that helps students to measure their learning outcomes and identify their strengths and weaknesses, announced that it has raised $1.4 million in its pre-Series A funding. The round was led by Astonic Ventures Singapore, MAVIS TUTORIAL CENTRE, one of the largest local tuition centers and Singapore Asia Publishers, the well-known publishing house, and a few angel investors.
HRTech Startup Podium X Partners With Jacksonville University to Help Students Athletes
Podium X, an online platform aiming to translate the experiences and soft skills of the athlete into a shareable profile and instant resume connected to a job board, has recently partnered with Jacksonville University Athletics, a premier private institution in northeast Florida, to prepare students for their post-collegiate career.
Source: The Business Journals
American College of Education Partners With NVTA to Offer Affordable, High-Quality Programs to Educators
American College of Education (ACE) has announced its partnership with National Virtual Teacher Association (NVTA), which makes its affordable, flexible, and high-quality programs accessible to more educators. The agreement allows NVTA certification completers to transcribe and apply up to three graduate hours toward several of ACE’s fully online master’s programs in education.
Source: PR Newswire
London-Based E-Spaces Partners With Sunderland Software City to Bring AI to Classroom
E-spaces, a London-based AI-enabled teaching assessment platform, was recently awarded a Research and Technology Organization (RTO) Grant by Innovate UK EDGE. The company will use the grant to partner with Digital Catapult North East Tees Valley (Digital Catapult NETV) on the practical application and development of its BETA product in schools and colleges.
Source: Business Live
Melbourne Business School Online Partners With FourthRev to Offer Career Accelerator Courses
Melbourne Business School Online, Australia’s leading business education and insight provider, has recently partnered with FourthRev, an EdTech platform bridging the digital skills gap by connecting companies and universities to deliver industry-relevant programs to launch a career accelerator in digital marketing strategy and analytics. The program has been designed and delivered with Melbourne’s leading academics, Semrush Academy, and other industry experts to combine academic rigor with real-world application to prepare marketing leaders for a data-driven future.
Source: Business Daily Media
Edtech News That You’ve Missed in March 2023
Image Source: Discovery Education
Discovery Education Partners With Norton to Launch New Digital Citizenship Resources
Discovery Education, the worldwide EdTech leader whose state-of-the-art digital platform supports learning wherever it takes place, has recently collaborated with Norton, a leading Cyber Safety brand of Gen, to launch a new digital citizenship resource center – My Digital Life – on the award-winning Discovery Education K-12 platform. The My Digital Life resource center offers standards-aligned resources designed to empower students and educators with activities about digital citizenship.
Source: Discovery Education
Ohio Leads Nation in Virtual Reality Education
Prisms VR, a learning platform pioneering a new paradigm for math education, recently celebrated Ohio’s leadership in virtual reality education at its first Prisms of Reality Conference in Marysville, Ohio. Leading the nation in scaling experiential learning, Ohio launched Prisms’ VR new world math learning design in fall 2021 to over 50 school districts and 15,000+ students; it’s the first state to drive VR adoption to help raise math engagement and scores for all its students.
Source: Business Wire
Texas-Based Recruiting Platform HeadRace Raises $6M in Seed Funding
HeadRace, a Texas-based software company that operates a network for recruiting services, recently announced that it has raised $6 million in seed funding. The round was led by Greylock, Susa Ventures, and Breyer Capital with participation from Packy McCormick, Kindergarten Ventures, and Blue Lion Global.
North Carolina-Based EdTech VitalSource Acquires Akademos
VitalSource, a North Carolina-based digital content delivery and learning platform provider, has recently acquired Akademos, an online and hybrid bookstore solution for colleges and universities. This acquisition unites two organizations to drive student success, affordability, and impact through next-generation technology and combines complementary course materials distribution expertise.
Source: Business Wire
Melbourne-Based LiveHire Acquires Arrived Workforce Connections Inc
LiveHire, a talent acquisition and direct sourcing platform that helps clients find both direct hires and contingent workers, has acquired Arrived Workforce Connections Inc., a provider of shift scheduling solutions, in a bid to increase its market share and bolster its position and capabilities.
Source: Ed Tech Review
Edtech News That You’ve Missed in February 2023
Image Source: Business Wire
Sophia Learning Partners with Labster to Offer Virtual Lab Simulations in Select STEM Courses
Sophia Learning, an online and on-demand learning platform providing general education-level courses to students at any stage of their higher education journey, has recently announced that it has partnered with Labster, the world’s leading EdTech platform for virtual labs and interactive science, to deliver college-level science courses incorporating Labster’s simulation content.
UK-Based Workplace Learning Platform HowNow Raises $5M in Series A Round
HowNow, a UK-based learning experience platform (LXP) that helps companies onboard upskill and support employees faster everywhere they work, has raised $5 million (€4.6 million) in its Series A round led by Mercia Asset Management and the world’s leading learning company Pearson. With the funds, the startup plans to work for further international expansion, growth of the team, and development of features that scale knowledge sharing, making it easier to measure impact and connect learning and skills into the overall employee experience.
Source: EU Startups
San Francisco-based HR Management Platform Cleary Raises $4.5M in Seed Round
Cleary, an HR management platform for distributed workforces, has announced that it has raised $4.5 million in a seed round led by Moonshots Capital, with participation from Liberty City Ventures, Crosslink Capital, SeaChange Fund and Quiet Capital, which follows the company’s initial $3 million pre-seed round, bringing its total raised to $7.5 million.
Source: Tech Crunch
Co-Creation Hub Launches $15M Accelerator Program for EdTech Startups in Kenya, Nigeria
Co-Creation Hub (CcHUB), Africa’s first open living lab and pre-incubation space designed to be a multi-functional, multi-purpose space where work to catalyze creative social tech ventures take place, has recently announced that it is launching a $15 million accelerator program, which will be called EdTech Fellowship Program to back and support 72 startups in Nigeria and Kenya in the next three years.
Source: Tech Crunch
College Tuition Tracking Platform Meadow Raises $3.5M in Seed Round
Meadow, a New York-based fintech startup, has recently raised $3.5 million in a seed round led by Susa Ventures. The funding round also witnessed participation from prior backers Giant Ventures and new investors AlleyCorp and Daniel Gulati’s Treble Capital. Leading angel investors, including Block Renovation co-founder Koda Wang; Monzo founder Tom Blomfield; Finix founder Richie Serna; and former Head of Product at Braintree and Head of Payments at Intuit Abhi Ranadive, have also participated in the fundraised.
Source: PR Newswire
Edtech News That You’ve Missed in January 2023
Image source: Prisms
Prisms VR Raises $12.5M Series A to Accelerate Math Literacy
Prisms VR, a learning platform pioneering a new paradigm for math education, has raised $12.5 million in a Series A round from Andreessen Horowitz to accelerate math literacy throughout the US. Prisms was founded in 2021 to bring problem-driven, tactile, and visual learning to the math classroom and is the first educational technology platform to leverage virtual reality (VR) to accelerate math proficiencies in US schools.
Source: Venture Beat
DW Healthcare Partners Invests in Medical Education Platform Med Learning Group
DW Healthcare Partners, a Toronto-based healthcare-focused private equity firm, recently announced that it has invested in the online medical education platform Med Learning Group (MLG). New York-based MLG works with many pharmaceutical companies around the world in creating engaging content that utilizes the latest trends in available technology and utilizes outcomes measurement and reporting.
Source: PR Newswire
Chinese Online Learning Service Provider QuantaSing Raises $41M in US IPO
QuantaSing Group, a Chinese startup which provides online financial literacy and personal interest courses for adults, has recently raised about $41 million in its initial public offering (IPO) in the US after pricing the deal at the middle of the range. The company announced that it offered 3.3 million American depositary shares (ADSs) at $12.50 apiece, the mid-range of its $11.50 to $13.50 target when it filed its prospectus in December.
EdTech disruptor Mindvalley launches digital experiences on Storyblok’s CMS to transform 20 million lives
Storyblok, the content management system (CMS) category leader, recently announced that leading personal transformation company Mindvalley had launched digital experiences with Storyblok’s CMS to transform 20 million lives. According to a press release, Storyblok’s CMS has helped Mindvalley cut development time by 50% and launch new digital experiences such as web pages 2x faster in 8 languages.
Source: PR Newswire
Silicon Valley Education Platform Classera Raises $40M in Series A Round
Classera, a San Francisco-based global EdTech e-learning company focused on emerging markets, has raised $40 million in its Series A round led by the Public Investment Fund (PIF)-owned Sanabil Investments, a Saudi-based investment giant, accompanied by Global Ventures, Endeavor Catalyst, 500 Global, Sukna Venture, and Seedra Ventures. The funding round was also backed by other investors including Silicon Valley, emerging markets, and global family offices.
Source: EdTech Review
Update: This article was last updated on 5th October 2023 to reflect the accuracy and up-to-date information on the page.