Luxembourg-based Brighteye Ventures, which claims to be Europe’s first and largest edtech VC, has announced the $54 million first close of its second fund, bringing assets under management to above $112 million. The first close comes from a mix of existing and new investors, primarily international family offices, and a second close to include institutional […]
Knoma, a London, UK-based startup that helps lifelong learners finance their tech courses by spreading the cost via loans, has launched after raising more than £21 million in debt and equity funding from Global Founders Capital, Rocket Internet, Fasanara Capital and Seedrs, along with angel investors such as LendInvest chairman Christian Faes. The startup says […]
Norwegian edtech unicorn Kahoot! has acquired Actimo, the Danish startup behind an employee engagement platform. To be exact, the Oslo-based company is buying 100 percent of the shares in Actimo for a total consideration reflecting an enterprise value of $26-33 million on a cash and debt-free basis. The transaction will be settled in a combination […]
Dutch edtech company Squla has acquired Scoyo, an online learning platform for primary and secondary school students in the German market. Based in Amsterdam, Squla has expanded through the Netherlands into Belgium and Poland, reaching about 50,000 classrooms and 1.4 million users. The company sees 7 million potential users in Germany, hence the acquisition of […]
Turing College, a Lithuanian edtech startup determined to offer alternative digital skills training and assist people into the professional sphere, is opening up applications for a new data science curriculum. Kicking off in October, the first class will include about 30 students. The students have the choice of full-time remote studies in six months, or […]
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. […]
Finnish edtech startup Kide Science has raised €1.5 million of seed funding to focus on global expansion, particularly in Asia. The round was led by Sparkmind.vc, which is investing from its recent €40 million fund dedicated to the edtech sector. “Kide Science stands out because of its very strong pedagogical proposition,” says Kai Talas of […]