New Markets Venture Partners Adds $30 Million, Former Gates Foundation Executive to Edtech Fund

Edsurge

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. Investments in edtech companies in 2016 totalled $945 million, according to estimates from GSV Capital, less than half of the $2 billion tally last year. He expects to see media companies play a bigger role in snapping up promising edtech startups.

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Why I’m Optimistic About the Next Wave of Education Technology

Edsurge

Although the pessimists correctly observe that many questionable edtech startups have been over-funded and over-hyped these past few years (and some of the biggest are likely to crash to Earth in the near future), it’s simultaneously true that the next decade is likely to see the birth and growth of some of the most transformative education companies of this century. More than 80 percent of the edtech startups created in the past five years will not survive through 2020.

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