Norwegian! edtech! unicorn! Kahoot! secures! $28 million! in! new! equity!

Oslo-based edtech company Kahoot! has completed a private placement of 7.5 million shares with a group of US and Europe-based institutional investors, raising about $28 million in new equity. The private placement also included 16.5 million existing shares, thus amounting to $90 million in total, and the company is currently valued at roughly $1.5 billion. […]

Speakly tech.eu

Estonian startup Speakly gets €900,000 seed to expand its science-based language learning platform

Speakly, an Estonian language learning startup, has raised €900,000 in a seed round led by Finnish firm Superhero Capital, with the participation of Estonian VCs Trind Ventures and Contriber Ventures, London-Stockholm-based TrueSight Ventures, and private angels. The Tallinn-based startup was founded in 2018 by two polyglots, Ott Ojamets and Ingel Keskpaik, who speak seven languages […]

Lingumi tech.eu

London-based edtech startup Lingumi raises £4 million to grow language learning platform for pre-schoolers

Lingumi, a London-based edtech platform for toddlers and pre-schoolers, has raised a £4 million Series A to continue developing its AI-driven language lessons and expand the team globally. The round was led by China-based North Summit Capital, with support from existing investors LocalGlobe, ADV, and Entrepreneur First.   Founder and CEO Toby Mather wanted to create […]

code institute tech.eu

Irish edtech startup Code Institute raises €1.2 million to expand online coding courses

Dublin-based edtech startup Code Institute has raised €1.2 million to expand its online learning platform internationally. The round was led by Kernel Capital, through the Bank of Ireland Kernel Capital Growth Funds, and Infinity Capital.  The distance learning platform offers university-accredited courses on coding, used by individual learners as well as employees at enterprise companies […]

estonia tech.eu

As schools close around the world, Estonia offers edtech solutions for free

As the Corona pandemic closes schools and moves learning online, Estonia is making digital education tools available for free and internationally accessible. Estonia’s basic education is recognised as some of the strongest in the world. In 2018 the country ranked first in the Programme for International Student Assessment (PISA). The country is also recognised for […]