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What happens to high-flying startups if the pandemic trade flips?

What happens to high-flying startups if the pandemic trade flips? So much can change in a day. This morning, news that a trial COVID-19 vaccine candidate had an effective rate of more than 90% shook the financial world. The Pfizer vaccine is reportedl;y so effective, the company “will have manufactured enough doses to immunize 15 […]

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Course Hero buys Symbolab in a rare edtech acquisition

Course Hero buys Symbolab in a rare edtech acquisition Months after its $80 million Series B fundraise, Course Hero has acquired Symbolab, an artificial intelligence-powered calculator that helps students answer and understand complex math questions. The price of the deal was undisclosed. The 9-person Symbolab team, based in Tel Aviv, will join Course Hero . […]

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Brighteye Ventures’ Alex Latsis talks European edtech funding in 2020

Brighteye Ventures’ Alex Latsis talks European edtech funding in 2020 Brighteye Ventures, the European edtech venture capital firm, recently announced the $54 million first close of its second fund, bringing total assets under management above $112 million. Out of the new fund, the 2017-founded VC will invest in 15-20 companies over the next three years […]

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Duolingo CEO explains language app’s surge in bookings

Duolingo CEO explains language app’s surge in bookings Language learning apps, like many educational technology platforms, soared when millions of students went home in response to safety concerns from the coronavirus pandemic. It makes sense: Everyone became an online learner in some capacity, and for non-frontline workers, each day became an opportunity to squeeze in […]

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Edtech investors are panning for gold

Edtech investors are panning for gold The spotlight on edtech grows brighter and harsher: On one end, remote-learning startups are attracting millions in venture capital. On the other, many educators and parents are unimpressed with the technology that enables virtual learning and gaps remain in and out of the classroom. It’s clear that edtech’s nebulous […]

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Why hasn’t digital learning lived up to its promise?

Why hasn’t digital learning lived up to its promise? Tom Adams Contributor Share on Twitter Tom Adams is the president of Quantic School of Business & Technology. The fall semester is off to a rocky start. When schools were forced to close in the spring, students (and parents) struggled. As the new school year begins, […]

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Indian decacorn Byju’s CEO talks about future acquisitions, coronavirus, and international expansion

Indian decacorn Byju’s CEO talks about future acquisitions, coronavirus, and international expansion Since India enforced a lockdown across the country in late March, shutting schools and other public places, Bangalore-headquartered startup Byju’s has emerged as one of the quintessential platforms for school-going students in the world’s second largest internet market. It took the startup about […]

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VCs pour funding into edtech startups as COVID-19 shakes up the market

VCs pour funding into edtech startups as COVID-19 shakes up the market A few weeks back, The Exchange looked into the pace of edtech exits, noting that over time, the sector has delivered rising exit volume. All startup verticals want to demonstrate a history of liquidity, so you might imagine that even before the COVID-19 […]

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Edtech startups find demand from an unlikely customer: Public schools

Edtech startups find demand from an unlikely customer: Public schools School district technology budgets are tight. But Kami CEO and founder Hengjie Wang wanted to make his company’s digital classroom product a go-to tool anyway. He landed on trying to disrupt the printers. Wang found that school districts spend an average of $150,000 every year […]

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Owl Ventures’ new pair of funds gives edtech a $585 million boost

Owl Ventures’ new pair of funds gives edtech a 5 million boost Edtech just keeps on booming. Today, Owl Ventures, a San Francisco-based education technology fund whose portfolio includes Byju’s, Labster, Masterclass and Quizlet, announced that it has closed a pair of investment vehicles totaling $585 million. Owl Ventures IV is a $415 million investment […]

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