Venture capital and private equity firms’ plentiful cash reserves are likely to fuel new support for ed-tech over the coming year, Brighteye Ventures predicts.
The rise of AI in education has fueled early-stage deals in the education market, according to Reach Capital’s Tony Wan.
Outlier.org, founded by MasterClass co-founder Aaron Rasmussen, has raised more than $46 million in venture capital since it was founded in 2018.
In an effort to expand in the workforce development arena, ETS has acquired the occupational certification and licensing company PSI.
The India-based company, which has drawn a flood of venture capital in recent years, has faced new scrutiny from investors.
New York-based Parallel said the influx of capital is aimed at helping the organization expand into new territories and invest in product development.
Achieve Partners said its fund has already backed its acquisition of three organizations in the past 18 months.
Egyptian ed-tech startup Crafty Workshop has raised $400,000 in a seed funding round.
The company’s co-founder said in a statement that it has learned lessons through a turbulent period, but that he sees the potential for growth ahead.
The investment marks the NBA star-turned-investor’s first foray into the ed-tech market.