Companies from the U.S. and India continue to draw investment, but amounts have fallen sharply from a few years ago.
The Southern Education Foundation, the Charter School Growth Fund, and Backstage Capital backed a $4 million fundraising round by AI-focused EdLight.
Bart Epstein, a former Tutor.com executive who founded and led the EdTech Evidence Exchange, was brought on by investors to lead the organization’s relaunch.
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.
New York-based Parallel said the influx of capital is aimed at helping the organization expand into new territories and invest in product development.
California-based startup Kyron Learning’s Series A was led by Global Silicon Valley Ventures.
Egyptian ed-tech startup Crafty Workshop has raised $400,000 in a seed funding round.
The new fund is aimed at supporting early-stage companies, largely through small, minority investments alongside other firms in seed and Series A rounds.
Finding Opportunities in Europe’s Ed-Tech Market
A Partner at a Major Ed Tech Investment Firm Is Optimistic, Despite Smaller Valuations and Fundraising Founds
Brighteye Ventures Partner Benoit Wirz shares why his VC firm is bullish on the ed-tech sector, especially in Europe, as global venture capital investments wane.