Cambium Learning Group announced the acquisition of language learning powerhouse Rosetta Stone, and the Chan Zuckerberg Initiative is backing an Indian ed-tech startup.
Funding for U.S. ed-tech startups has revived in recent weeks, with two firms receiving notable infusions, and one major U.S. company completing a substantial acquisition.
Weld North Education has acquired social-emotional learning provider PurposePrep.
A firm that provides college financial aid tools has secured the largest 2020 funding round for any U.S. ed tech, as Microsoft invests in an aspiring competitor of Google.
An upskilling platform took in $32 million from Owl Ventures, and Create & Learn, a California company focused on K-12 STEM classes with real-world applications, raised $1.7 million in seed funding.
In the latest issue of K-12 Dealmaking, Asia remains especially active, and a Denver-based tech firm receives an investment that will aid education workforce development.
Six major dealmaking moves took place in the K-12 world in recent weeks, including MasterClass raising $100 million and Guild Education acquiring Entangled.
Many startups — in India, the United States, and other markets — are still reaping investments despite the chaos caused by COVID-19.
A Chicago firm announced a major investment in custom content provider XanEdu, and the Chinese investor Tencent leads a $15 million fundraising round in an India-based learning platform.
In K-12 dealmaking news, K12 Inc. has acquired Galvanize, a technology training company, while an education recruitment company in the U.K. has acquired a similar business.
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