UK edtech company SAM Labs raises £5.1 million in funding

SAM Labs, an edtech company based in London, has raised £5.1 million in a Series A round led by Touchstone Innovations and E15 Ventures. The company builds tools for teaching computing and STEAM (science, technology, engineering, the arts and mathematics) and will use the funds for further product development. The edtech market is tipped to […]

P2P learning platform Brainly raises $14 million in new funding

Polish edtech company Brainly, developers of a peer-to-peer learning platform, has raised $14 million led by Kulczyk Investments with participation from previous investors Naspers, General Catalyst, Point Nine Capital, and Runa Capital. In addition to the investment, the company confirmed that it has reached 100 million monthly users. This growth, it said, was bolstered last […]

UK edtech company Impero acquired by Investcorp for £27.5 million

Impero, an edtech software company based in the UK, has been acquired by Investcorp Technology Partners for £27.5 million. Impero, founded in 2002 in Nottingham, develops school network management software for the education sector for classroom monitoring and student safety online. The company has sold its software in 90 countries and has around $10 million […]