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.
Pearson announced a $25 million acquisition of an Australian digital learning company, and China-based VIPKid’s raised $80 million in new venture capital funding.
In K-12 dealmaking news, Pearson’s first investments from its venture capital arm have been announced, and a Nashville-based startup that provides parent feedback to schools raises $1 million.
Recent deals include IXL Learning’s acquisition of Education.com, ASSIST Education’s partnership with Santillana to bring its U.S. high school diplomas to Brazil, a U.K.-based acquisition by Strictly Education, and fundraising by ed-tech startups in Mumbai and Nigeria.
U.K.-based school staffing company Zen Educate and California science and coding company CodeCombat both raise funds. South African education company Snapplify eyes international expansion.
Market Brief
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