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One of the World’s Best-Funded Edtech Companies Is Investing In AI Moonshots. Can It Work?

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The Indian edtech giant Byju’s keeps getting bigger , having raised more than $4.5 Specifically, the company announced a new research-and-development hub, with offices in Silicon Valley, London and Bangalore, that will work on applying the latest findings from artificial intelligence and machine learning to new edtech products.

Company 216
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Hitting Reset, Knewton Tries New Strategy: Competing With Textbook Publishers

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Knewton drew heaps of hype and investment by promising to provide artificial-intelligence technology to major textbook companies to make their content more adaptive. But in the past few years the company has suffered several setbacks—along with mounting criticism that its founding CEO, Jose Ferreira, overhyped its technology.

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Wiley to Acquire Knewton’s Assets, Marking an End to an Expensive Startup Journey

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In the second eye-raising deal for the higher-ed publishing industry in as many weeks, Wiley, a major textbook publisher, has agreed to acquire the assets of Knewton, a provider of digital courseware and adaptive-learning technologies. No industry analyst we spoke with believes the sale price was anywhere near what Knewton had raised.

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The Asian Money Fueling US Edtech Investments

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To adapt, many companies are investing domestically, particularly in China, where edtech companies raised more than $1.2 edtech startups raised last year. edtech investor, including. Edtech Companies With Asia-Based Investors. edtech startups, including Enuma , Knewton , Minerva Project , Ready4 and Volley.

EdTech 94
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What the Big Edtech Mergers and Acquisitions of 2019 Signal for the Industry

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billion, 2019 offers some edtech investors hope that their bets could pay off. So far this year, the wheeling and dealing has clustered around higher education and workforce development, observes Kelly Fuller, a director at BMO Capital Markets who covers the education technology sector. After all, investors have investors, too.)

Industry 108
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Knewton’s New Business Attracts New $25M in Funding. But Some Things Don’t Change.

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The company that set the bar for hyping adaptive-learning technology has had to adapt to new leadership and a new business model. Knewton has raised $25 million in a new funding round—the eighth since it launched in 2008. Source: Knewton From a student’s perspective, Alta works primarily by asking questions.

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Tinkergarten Raises $5.4M to Get Kids to Go Outside, Play and Learn

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For Brian Fitzgerald, what began as a newborn side project in 2012—when he was working at edtech startup Knewton—has become a fully-grown venture of its own. We want to take the best of experiential learning and make it accessible to anyone, anywhere.” million in a Series A round led by Owl Ventures.

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