Denmark’s WriteReader, an app that enables children to create digital books as they learn how to read, will be expanding into the U.S. market.
Fedora, LocoMotive Labs, and EdTrips headlined a busy week of K-12 venture capital.
NoRedInk, a website that uses student interests to create grammar and writing exercises, raised $6 million in a Series A round.
Listen Current, a curator of public radio stories geared towards science, social studies, and English/language arts classrooms, raised $950,000 in seed funding.
Three education companies took center stage in a meeting with financiers, philanthropists, and researchers about “impact investing” that was co-sponsored by the Aspen Institute.
AT&T, RedShelf, CodeHS, and TeachMate365 headlined an active week of K-12 venture capital.
Plans are underway to wind down the New Schools Venture Fund’s seed fund, which has supported education efforts with philanthropic dollars.
Citelighter, an ed-tech startup with an online platform designed to break the writing process down into simple steps, raised $2 million in Seed-2 financing.
Apollo Education Group, parent company of the University of Phoenix, formed its own venture capital platform as it seeks to invest in budding education entrepreneurs.
Clever raised $30 million, Everspring attracted $10 million, and SurveyMonkey raised $250 million this month.
Market Brief
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