edtech

Kukua, creators of ‘Super Sema,’ raises $6 million, led by Alchimia and Tencent

Kukua, a Nairobi- and London-based educational entertainment company and the creators of “Super Sema,” the first African animated superhero franchise, has raised $6 million in its latest round of

Byju’s unit WhiteHat Jr cuts 300 jobs

WhiteHat Jr, the kids-focused coding platform that edtech giant Byju’s acquired for $300 million two years ago, has eliminated about 300 roles in recent days, and is the latest in a series of startu

Degreed’s co-founder is back at the company he left…with the startup he built

Edtech up-skilling platform Degreed has acquired Learn In, which creates talent resource hubs for employers to better spin up education services for their teams. While we’d nearly always cover a not

What do you call the opposite of the startup halo effect?

Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here. Just as one company’s success shouldn’t cast a halo on its

MasterClass cuts 20% of 600-person staff to ‘get to self-sustainability faster’

Wilco gamifies your path through your software engineering career

Israeli startup Wilco describes itself as “an immersive upskilling platform for software developers,” and snuck out of stealth this week with its first public version and a stash box with $7 milli

Kibo School gets $2M to offer online STEM degrees to students in Africa

When she was 10 years old, Ope Bukola’s family relocated from Nigeria to the U.S., where she advanced her studies to later pursue a degree in economics. Exposed to the top-of-the-line education at N

Edtech company Pok Pok raises $3M to expand its digital play experiences for kids

Pok Pok, a Toronto-based edtech company, has announced that it raised $3 million in seed funding to expand its play-based learning experiences for kids. The company was founded in 2019 after it spun o

Tunisian edtech startup GOMYCODE raises $8M to expand across Africa and the Middle East

Yahya Bouhlel started coding in his early teens. Within this timeline, he interned at several companies in Palo Alto, California. Most of his work revolved around building apps and iPhone games. When

Parallel Learning expands remote special education assessment and tutoring with $20M round

If a kid is having trouble at school, one of the standard steps is to schedule an assessment for conditions like dyslexia, ADHD or anything else that might require a special approach. But with teacher

South Africa’s edtech FoondaMate eyes speedy takeoff after $2M funding

South African edtech startup FoondaMate has secured $2 million seed funding in a round led by LocalGlobe, the U.K.-based venture capital firm, to drive uptake of its WhatsApp and Facebook-based learni

Lightspeed’s Mercedes Bent on why the metaverse isn’t overhyped

On the Chain Reaction podcast this week, we dove into a topic that tends to stir up strong emotions, even from those outside the crypto space — the metaverse. Mercedes Bent, an investor at Light

Class buys tech from its own founder’s first edtech company for $210 million

Before starting Class, a Zoom-friendly virtual instruction tool, Michael Chasen was the founder of Blackboard, one of the first cloud solutions for education on the market. While Class has some nods t

Scott Galloway’s edtech startup, Section4, lays off a quarter of staff

Section4, an upskilling startup launched by prominent NYU professor Scott Galloway, has laid off a quarter of staff sources say. The layoffs, which occurred last week, affected employees across all le

Leland breaks into the coaching space with a focus on careers, not classes

The coaching world is crowded. There’s BetterUp, a re-skilling platform that wants to bring executive coaching to employees, and Sounding Board, which mixes SaaS and coaching services. Not to mentio

Educapital aims to raise a $160 million fund focused on edtech and future of work

VC firm Educapital recently announced that it has reached the first close of its second fund. The team has already secured $105 million (€100 million) and now wants to reach $160 million (€150 mil

Manara gets $3M to grow tech talent pool in the Middle East and North Africa

Edtech startup Manara has raised $3 million in pre-seed funding for its cohort-based training ­­platform geared toward growing the tech-talent pool in the Middle East and North Africa (MENA) region.

Glorang scores $10M Series A to expand its edtech marketplace across Asia 

Glorang, a Seoul-based edtech startup that offers after-school classes and extracurricular activities via online for students between the ages of 3 and 18, said Friday it has raised a $10 million Seri

After layoffs, Flockjay lands on a new SaaS-y vision for tech sales

Months after cutting half its staff, edtech startup Flockjay has landed on a new vision for how to disrupt tech sales: start from the inside, out. The startup is building Flockjay Elevate, a platform

Is the SaaS selloff over?

The decline in the value of annual recurring revenue, or ARR, may be over, but there's also scant indication that we're about to see a rebound.
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