November 29, 2024
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Fintech startup Goalsetter secures $9.6M in Series A Extension to grow its financial education platform
Nickie Louise Posted On March 25, 2024


Goalsetter, the fintech platform revolutionizing family finance and youth financial literacy, has closed a $9.6 million Series A extension, propelling its total funding to over $30 million since its last major funding round when we covered the fintech startup four […]


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Duolingo jumps on online learning boom and AI push, set to add $1.68 billion to its market value
Nickie Louise Posted On February 29, 2024


Duolingo, fueled by the AI boom started by ChatGPT, is poised for a remarkable resurgence following the disclosure of a data breach compromising the private information of over 2.6 million users last August. In a premarket surge on Thursday, Duolingo’s […]


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EdTech startup Mindgrasp AI scales from zero to 500,000 users in 12 months. Here’s how
Daniel Levi Posted On February 20, 2024


In 2021, Mindgrasp AI emerged from the vibrant corridors of the Maryland Innovation Center with a lofty goal – to serve as an artificial intelligence learning assistant for both students and professionals. Little did this EdTech startup from Maryland know […]


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Microsoft to train 2 million people in India’s small cities with AI skills
Nickie Louise Posted On February 7, 2024


The rapid advancements in AI, including the introduction of large language models (LLM), are reshaping how people work and altering broader business models. That’s why Microsoft has unveiled ambitious plans aimed at upskilling 2 million individuals in India’s smaller cities, […]


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Prosus cuts Indian EdTech startup Byju’s valuation by 86%, from $22 billion a year ago to under $3 billion
Daniel Levi Posted On November 29, 2023


Byju’s has just undergone an expensive haircut after its valuation was slashed by over 80 percent. In a significant setback for Indian education tech startup, investment giant Prosus NV announced on Wednesday it was valuing Byju’s at under $3 billion, […]


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Fintech startup EduFi secures $6.1 million to launch student loans with “Study Now, Pay Later”
Nickie Louise Posted On November 10, 2023


In the past two decades, the average cost of college in the United States has tripled, reaching $35,720 per student annually, showing a yearly growth rate of 6.8%. Despite the availability of scholarships, this upward trend has particularly disadvantaged thousands […]


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Europe’s most valuable EdTech startup GoStudent raises $95M to grow its K12 online learning and tutoring platform
Nickie Louise Posted On August 4, 2023


Despite predictions of disruption by artificial intelligence in the education technology sector, the EdTech market continues to grow with no sign of slowing down. This growth was accelerated by the increased need for in-person learning due to the worldwide pandemic, […]


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EdTech startup Campus.edu raises $29M in funding to provide an online alternative to traditional community college
Nickie Louise Posted On May 1, 2023


For over a century, obtaining a four-year college degree has been hailed as an effective means of achieving the American dream. However, the rising cost of tuition has now exceeded the average household income. This has resulted in students acquiring […]


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8 Reasons Why Education Startups Fail
Nickie Louise Posted On April 19, 2023


Education startups are firms that aim to modernize traditional education by using technology to create improved ways of learning and teaching. The startups provide educational products and services such as tutoring platforms, online courses, educational games, and virtual reality learning […]


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Edtech startup SaasGuru lands $2.7M for its cloud skills and workforce development platform
Nickie Louise Posted On March 13, 2023


SaasGuru, an EdTech startup founded to solve the cloud skills crisis by creating the bridge between learning and certifications, announced today it has closed $2.7 million (A$4 Million) in funding to transform the industry and redefine the way people approach […]


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10 Edtech Startups to Watch Out for in 2023
Daniel Levi Posted On January 27, 2023


The EdTech market is expected to steadily grow in the next few years even though the main driver behind its explosive growth, a.k.a. the global pandemic, is stepping back. Face-to-face instruction has been sorely missed under quarantine restrictions, and eager […]


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JP Morgan paid $175 million to acquire college financial aid startup Frank only to shut it down over a year later; accuses founder of fraud
Nickie Louise Posted On January 12, 2023


Really? JP Morgan acquired college financial aid platform Frank in 2021 for a whopping $175 million only to shut it down a little over a year later. So, what went wrong? Is Frank’s founder the next Elizabeth Holmes? In September 2021, JPMorgan Chase […]


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EdTech startup Classera raises $40M Series A for the largest education platform in the Middle East and North Africa
Nickie Louise Posted On October 27, 2022


Classera, the largest EdTech in the Middle East and North Africa(MENA), has raised $40 million in series A funding led by Sanabil Investments, wholly owned company by Public Investment Fund (“PIF”), with participation from Global Ventures, Endeavor Catalyst, 500 Global, Sukna Venture, and […]


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The Fearless Academy bags £500k in funding to close the digital skills gap
Daniel Levi Posted On September 20, 2022


The digital skill gaps continue to grow across all industries as the world enters the Fourth Industrial Revolution. The skill gap is even more profound in advanced nations where mostly every industry relies on technology. According to estimates, at least 85 […]


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Roper Technologies buys Frontline Education from private equity firm Thoma Bravo in a $3.7 billion deal
Daniel Levi Posted On August 30, 2022


Early this month, we wrote about Thoma Bravo after the private equity firm acquired Ping Identity for $2.8 billion in an all-cash buyout deal. Now Thoma Bravo is selling one of the companies in its portfolio. Today, Sarasota, Florida-based Roper Technologies announced it would […]


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The Digital Transformation of Traditional Games
Daniel Levi Posted On March 10, 2022


According to Statista, the gaming business is now firmly established as the world’s most lucrative entertainment industry (and by quite some margin). However, the gaming sectors that appear to be dominating the revenue charts are mobile, console, and PC, leaving […]


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Talespin gets $20M Series C funding to enable learning in the metaverse
Nickie Louise Posted On February 17, 2022


The metaverse has definitely caught the world by storm. Since Facebook rebranded itself to Meta, billions of dollars have been pouring into the space as investors and venture capital firms look to cash in on the next big thing. Metaverse […]


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Education  / Technology News
Albert Einstein’s warning about college education: “Education is not the learning of facts, but the training of minds to think. It’s a miracle that curiosity survives formal education”
Nickie Louise Posted On January 28, 2022


Albert Einstein was a German-born American theoretical physicist. He is considered the most well-known and popular scientist of the 20th century. He might even be the most famous scientist and arguably one of the most intelligent people to have ever lived. He was born […]


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Education
Albert Einstein’s warning on traditional education: “Education is what remains after one has forgotten everything he learned in school. It’s a miracle that curiosity survives formal education”
Daniel Levi Posted On November 27, 2021


Happy Thanksgiving Holiday. With news of the new covid variant sucking the oxygen out of the 24-hour news cycle, we think you’re better served with a thought-provoking article about what affects us all: Education. Today, there is a lot of debate […]


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German Edtech startup bina raises $1.4M in funding to offer personalized education to ages 4-12 from home
Nickie Louise Posted On August 4, 2021


Since the pandemic began over 18 months ago, there has been an uptick in the number of teachers leaving public schools. According to the World Bank, some 40 million teachers around the world have left the sector. Their departure has also […]


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