New Markets Venture Partners Adds $30 Million, Former Gates Foundation Executive to Edtech Fund
Edsurge
NOVEMBER 9, 2016
New Markets has supported 43 companies since its launch in 2003; edtech startups make more than 90 percent of its deals in the past five years, Palmer adds. Part of the new fund will also be used for what Palmer calls “recapitalization,” a scenario that companies want to avoid. He wisely kept mum on who they are.).
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