Edtech Report 2020. One of the major reasons for edtech firms recording a 7X spike in fundraising is greater use and adoption of online learning due to the restrictions on the opening of schools and educational institutions. The 2020 Dean's List: 30 Higher Ed IT Influencers Worth a Follow. Dive Brief: A CB Insights report identified a group of leading startups to watch next year in a dozen categories, as part of its Game Changers 2020 report.The young companies across sectors exhibit "high-momentum" and are currently developing technology that can potentially "transform society and economies for the better." A venture intelligence report said that education tech startups have collectively raised more than $795 million in H1 of 2020 in comparison with $108 million of last year. As Budget 2021 looms, the edtech sector, which looks to continue its remarkable growth momentum, expects to receive clarifications and directions on the National Education Policy (NEP) reform.. Alison Coleman Senior Contributor. Other participants include LocalGlobe and existing investors, including TLcom Capital and […] The VC fund is the largest fund focused on the world’s edtech market, with over $1.2 billion in assets under management. Future of EdTech: What Startups Need to Know. The round is led by Owl Ventures, which closed over half a billion in new fund money just months ago. Indian edtech startups have collectively raised over $795 million in the first half of 2020 as compared to $108 million in the previous year, said a Mint story quoting a Venture Intelligence report. That’s a nearly 30 percent increase from the $1.7 billion invested in 2019, which was spread across 105 deals. Edtech startups raised more than $1.43 Bn across 100 deals between January 1 to December 15, 2020. Posted by Ana Martinez on 8/21/19 6:42 PM; Tweet; The world population is expected to increase to 9 billion by 2050, which means we need to increase global food production by 70% to prevent massive famine according to the United Nations’ Food and Agriculture Organization. Bambinos. US-based Owl Ventures led the financing round. With the American edtech unicorn heard doubling in size in 2020 alone, and the pandemic forcing learning at all levels online, the sector is enjoying significant tailwinds. ... an esports arena and a coworking space that will house an incubator for startups. Sunitha Viswanathan, Vice President, Unitus Ventures It is safe to say that 2020 was a big bang year for edtech startups in India. August 2020 saw the education technology platform, Byju’s, owned by Think and Learn, acquiring the coding platform, WhiteHat Jr. in a $300 million deal. This report summarizes the growth of the education technology (edtech) startup in Indonesia. Modernization and technological invasion has hugely revolutionized the education system of the nation. Running EdTech startups is more than just growing a business, acquiring new customers, and generating early revenues. Even before March, Byju’s raised $400 million and Unacademy raised $100 million in … 15 Agtech Startups to Watch in 2020. ULesson, an edtech startup based in Nigeria that sells digital curriculum to students through SD cards, has raised $7.5 million in Series A funding. As the pandemic wreaked havoc across sectors and industries in the Indian market, even the traditional education system was brought to its knees. 10 Best Edtech Startups - 2020. The year before the pandemic saw already high growth and adoption in education technology, with global edtech investments reaching €15.87 billion in 2019. https://magazine.startus.cc/7-edtech-startups-reshape-future-education Enhanced Curriculum Solution of the Year. 2020 EdTechXGlobal All Stars Startup Awards. Indian edtech startups have seen a total investment of $2.22 billion in 2020 as compared to $553 million in 2019, according to Indian Private Equity … ... EdTech Startup of the Year. It's about building a scalable business model. Investors: Bill and … 2020 Winners. Cindy Mi. Artificial Intelligence Startups. October 17, 2020. EdTech CEO of the Year. Enhanced Curriculum Solution Provider of the Year. Industry: AI. In 2020, U.S. education technology startups raised over $2.2 billion in venture and private equity capital across 130 deals, according to the EdSurge edtech funding database. Multiverse has raised some $44 million in Series B funding. It was recently named Best Education App at the 2020 … iStock Indian ed-tech startups have received a total investment of $2.22 billion in 2020 alone, compared to $553 million in 2019, according to a report by PGA Labs and Indian Private Equity & Venture Capital Association. Enhanced Curriculum. Over 14 startups have raised funding since March 2020, as online education sees a massive boom in India. A unicorn startup or unicorn company is a private company with a valuation over $1 billion USD. Investments shrank and plenty of resorted to layoffs, Startup investors seek GST reform, edtech sops, easier FDI rules * Blog for Startups As of 3 January 2021, there are now 19 EdTech Unicorns around the world who have collectively raised over $13.7 billion of total funding in the last decade and are now collectively valued at $64B+. Over 90 ed-tech players have received funding in 2020, out of which 61 players received seed funding. 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