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Impact funds pour money into ed tech businesses

The Hechinger Report

Ed tech companies are benefitting from the rise of impact funds. In September 2019, a young Canadian ed tech company called Classcraft announced that it had raised $7.5 One of the main things Classcraft plans to do with its new money is build its sales force to sell its gamification software for social-emotional learning to schools.

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Education Technology and the Year of Wishful Thinking

Hack Education

In January, “brain-training” company Lumosity agreed to pay $2 million to settle Federal Trade Commission charges that it had deceived customers with its claims that its games improved cognitive functions. Pokemon Go : “Why Pokemon Go shows the future of learning gamification,” according to Education Dive at least.