Hands-on coding and STEM education company SAM Labs raises $8.9 million; China-based Bright Scholar acquires British international schools network; Blue Canoe wins $500,000 from Qualcomm; ByteDance leads investment in Minerva Project.
By 2025, $6 billion will be spent on AI in education, according to the researchers, who identified six areas to watch where the technology could generate value in K-12 and beyond.
Kahoot! has acquired two companies in one week, while Labster raised $21 million in a Series B round, Scholastic purchased a major stake in Make Believe Ideas in the U.K., College Board and MetaMetrics announced a partnership, and Wah Fu Education Group raised nearly $6 million in an IPO.
Over the past five years, the number of international private schools in China—those offering an international curriculum and some instruction in English—has risen from 629 to 857,
Inside Brazil’s Huge, Complex K-12 Market
Demand for English-Language Instruction, STEM, and Resources to Meet New Academic Standards Is Poised to Rise
Schools in Latin America’s most populous country are likely to have an increased demand for STEM materials, English-language instruction, and resources that align with new national education standards in the years ahead.
Can Byju’s, India’s Ed-Tech Juggernaut, Conquer the U.S. Market?
Investors Are Betting the Company's Mobile Platform Will Appeal to Families, and Possibly Schools
Byju’s, an India-based company that has attracted a torrent of venture capital, is poised to sell its mobile learning app to U.S. parents, and potentially schools.
School districts and private schools can now join colleges by providing virtual reality experiences of their campuses to attract international students through the U.S. Commercial Service.
U.S.-based ed-tech companies interested in learning more about exporting can apply for a new trade mission focused on Latin America.
In This Two-Minute Tip, EdWeek Market Brief Senior Editor Sean Cavanagh talks about the common mistakes education companies make in trying crack the Chinese market, and how they can overcome them.
EdWeek Market Brief moderated three sessions at the recent ASU/GSV summit, all of them captured on video: on open educational resources; the Chinese education market, and the role of Amazon, Apple, Google, and Microsoft in U.S. schools.