Chinese education companies continued to attract investors this week with a Beijing-based K-12 education platform raising $200 million in a Series E round.
Beijing-based educational services company Tarena International acquired a K-12 robotics education company. Also, ClassWallet, a fund management tool for schools, raised $735,000
Springboard Education has acquired Kids’ Adventures, a provider of before- and after-school programs. Also, Asteria Education has acquired ECS Learning Systems and Aperture Education and Kickboard are partnering to assist schools as they collect, monitor and analyze data on student behavior.
Under the terms of the agreement, Discovery Communications will retain a minority equity interest and license the Discovery Education brand to the business.
Agile Investment Group acquired LightSail, developer of an adaptive reading platform. In addition, educational lender Meritize and The Graide Network, an online writing feedback platform, raised funding.
Adaptive learning company Kidaptive pulled in $19.1 million in its latest funding round. Also, classroom collaboration platform Chalkup has joined Microsoft Education.
Turnitin, a provider of tools to prevent plagiarism, engage students in the writing process and facilitate feedback for the K-12 and higher education markets, has acquired VeriCite, a plagiarism detection tool.
In this week’s dealmaking news, Quizlet, a free study app, raised $20 million in new funding. Also, EMC School, a provider of digital and blended language learning solutions, acquired digital programs producer Zulama.
In this week’s dealmaking news, assessment developer ACT invested adaptive learning company Smart Sparrow. Also, K-12 engagement platform LivingTree acquired fundraising platform Edbacker and PeopleAdmin acquired Performance Matters.
Ed-tech businesses including LearnPlatform and TeacherGaming raised funds. Also, education management solutions provider ASSIST and Brainly announced acquisitions.