Educational gaming provider Kahoot has acquired major K-12 single-sign-on platform Clever. In a separate deal, an education-focused private equity firm has raised $388 million for its sixth fund.
Tampa Bay Buccaneers quarterback Tom Brady is among the investors contributing to a recent, $12 million fundraising round by Class Technologies, Inc.
A new class of special purpose acquisition companies could give rise to a constellation of of publicly traded education companies, with more visibility and greater access to capital.
Renaissance has acquired Nearpod, in a merging of companies that bring a focus on classroom assessment and interactive features designed to boost student engagement.
Investors are putting a premium on companies that have the products and expertise to span distance learning and a return to in-person lessons.
Spending on artificial intelligence in education will rise from $800 million to $6.1 billion over the next four years, according to projections from HolonIQ.
The digital education company Weld North continued its run of major acquisitions, announcing a deal to snap up BookheadEd Learning.
The assessment and research organization ETS recently launched a venture capital arm. The fund’s managing director, Ralph Taylor-Smith, talks with EdWeek Market Brief about its ambitions.
India’s ed-tech sector is accelerating rapidly, thanks to a surge of investments and acquisitions, and a new interest in digital learning within the country during COVID.
Brighteye Ventures plans to raise a total of $88 million for its second venture capital fund, with a focus on companies that can deliver education “better, faster, cheaper.”