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Public Edtech Companies Have Been Rare. These SPACs Will Change That.

Edsurge

Publicly traded education technology companies are rare. as the remaining trio of prominent edtech companies on the U.S. CLAS.U), a special purpose acquisition company headed by CEO Michael Moe, raised $225 million in its IPO. At the top of the iceberg, above the water, are the public companies, and that’s pretty limited.

Company 164
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Looking to Grow in China? 3 Lessons for U.S. Edtech Companies

Edsurge

tech firms, including edtech players. China-based edtech companies raked in more than $1 billion in investment in 2015, or 37 percent of global funding for the year. At Coursera, we’ve seen registered users in China climb by more than 500 percent between 2013 and 2016, crossing the one million mark in 2015. The hurdles?

Company 83
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Pandemic Pivots: Edtech Edition

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In education, the shuttering of campuses and classrooms has been a windfall for purely digital companies—some of which are attracting plenty of private capital. Substitute teacher services company Swing Education is creating private homeschools. Here are some edtech pandemic pivots to watch.

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Look Who’s Talking—Code.org Founder and CEO Hadi Partovi on the Hype and Hope of AI in edtech

eSchool News

AI Is Changing the World: A Conversation on Education’s Future Wednesday, April 10, 2024, 3:15 PM – 4:45 PM US EDT In true grand finale fashion, #CoSN2024 will wrap up #CoSN2024 with a pair of industry heavyweights talking through what might be the most momentous point in edtech history. AI is not a negative, it’s a positive.

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The Asian Money Fueling US Edtech Investments

Edsurge

So states a recent Wall Street Journal report on the tens of billions of dollars that Chinese companies have poured on U.S. The “cultivation of students’ entrepreneurship and innovation capabilities and practical skills” was a priority in China’s 5-Year Plan for 2016-2020. edtech startups raised last year. Based Company.

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Codecademy, an Early (and Now Profitable) Pioneer of Coding Education, Raises $40M in New Funding

Edsurge

Money has flowed into the edtech sector over the last twelve months. Unlike other edtech startups seemingly on the fast track to big checks, Codecademy has been in the business for over a decade. But the New York-based company had already served 45 million students in more than 190 countries before the pandemic hit. “We

Chegg 164
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The Newest U.S. Education Technology Venture Fund? Look to Japan

Edsurge

edtech venture firms as limited partners. In the coming months, EduLab Ventures, a group with roots in Japan, will wrap up the fundraising process for a new edtech fund that could bring up to $40 million to invest in early-stage deals. But now, the company feels confident to invest on its own. “We edtech startups in 2017.