10/21/2022
INVESTORS ADORE EDTECH
$10.76 billion is a figure of record-breaking venture capital investments that took off at an unprecedented clip by 2020.
Yet on a pre-seed round, figures count $2.1 million to support Maqsad, a startup from Pakistan, aiming “to make education more accessible to 100 million Pakistani students.” It is a good ground for R&D and growth activities, isn’t it?
Leap, a US-Indian two-year-old startup focused on helping students with abroad education issues, raised $75 million in total in 2021 in Series B and C. Apart from intensive investors Sequoia Capital India and Jungle Ventures, Owl Ventures and Harvard Management Company joined the forces to supported EdTech undertaking, finding it promising.
Another example, Panorama Education, serves 25% of American schools, having backed with $60 million funding to provide an education software platform helping educational institutions to understand their K-12 students with surveys. In its turn, NoRedInk, a San Francisco-based startup, got a $50 million Series B support to help students get back on track with writing skills, which demonstrates the renewed interest of investors in the sector.