Hands-on coding and STEM education company SAM Labs raises $8.9 million; China-based Bright Scholar acquires British international schools network; Blue Canoe wins $500,000 from Qualcomm; ByteDance leads investment in Minerva Project.
Illuminate Education brings FastBridge Learning under its umbrella, while ACT acquires social-emotional learning company Mawi Learning. Meanwhile, India-based educational app provider Byju’s raised $150 million.
The Faria Education Group makes an acquisition, and the British government is staging a grant program for ed-tech providers, including those outside of England, focused on formative assessment, grading, and other areas.
Renaissance made its third acquisition in one year with the purchase of Freckle Education; Abl acquires School by Design; and Labster partners with the Danish Ministry of Education to provide virtual labs.
So many startup legends lead us to believe that a single piece of advice—either taken or not—can be pivotal to the success of a company.
In recent dealmaking news MIT Press launches MIT press direct; OASIS integrates with Alma; and China’s TAL acquires a U.S.-Israeli company.
In recent dealmaking news Macmillan Publishers gets a new president; Coursera promotes new public health education courses; and Rosetta Stone unveils improved iPhone app.
Social reading site Glose raises funds to expand into the education market; Accelerate Learning gains significant new investors,; and Grand Canyon Education seeks to acquire Orbis Education Services.
In the latest dealmaking news: Chinese ed-tech company TAL Education Group has acquired CodeMonkey, VIPKid has partnered with Scholastic, and Accelerate Learning and BBC Learning have forged a partnership around STEM curriculum.
The London-based education investment company Sandbox & Co. has acquired Constructive Media, a provider of educational games, and Wellspring International and Cornerstone have also made acquisitions.
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