UBITS snags $25M to create ‘the Netflix for corporate training’ in LatAm

UBITS, a B2B online learning platform for upskilling employees in Latin America, has raised $25 million in funding led by Riverwood Capital. Julián Melo and Marta Forero founded UBITS in Bogota, Colombia, in 2018 after the pair came up with the idea of “creating the Netflix for corporate training for LatAm.” They applied to Y […]

India’s LEAD School becomes unicorn with new $100 million funding

Despite the recent boom of consumer-focused education learning platforms in India, the vast majority of students in the South Asian nation remain unserved. The existing B2C offerings are expensive for most of the students and are heavily skewed towards those in high-school preparing for competitive exams. LEAD School, a nine-year-old startup, is addressing this disconnect […]

GoStudent Raises $340M Series D funding round as it pushes into international markets

Fresh from raising a $244 million Series C (that valued the company then $1.7 billion) back in June, K12 online tutoring marketplace GoStudent has now raised a $340 million Series D round led by new investor Prosus, an Amsterdam-based investment firm best known for investing in Latin American and US-based LatinX internet properties. GoStudent expanded […]

Career Karma lands $40M to evolve into an edtech employee benefit

Career Karma raised its first millions off of a pitch that resonates with anyone who has ever googled coding bootcamps: a navigation tool for aspiring students and working professionals. Instead of creating its own curriculum, Career Karma helps students find the best programs for their price point and career goals. The startup, founded in 2018 […]

Kodland, which teaches kids digital skills, grabs $9M to scale its online coding school

London-based Kodland, which started out back in 2018 offering in-person courses for children to learn digital skills like computer programming before switching focus to online learning from early 2020, has closed a $9M Series A funding round to scale into more markets. The round is led by Redseed Ventures, with participation from Baring Vostok, Kismet, […]

Record number of unicorns and IPOs: Indian startups raised $39B in 2021

In late March last year, as the virus started to spread across India, investors began to worry about the impact a potential pandemic could have on their portfolio firms. They exchanged notes, and on April 1, penned a joint open letter to the local startup ecosystem, advising firms to “prepare for the worst.” In the […]

Tech companies: Stop conflating privilege with potential

Dwana Franklin-Davis Contributor Share on Twitter Dwana Franklin-Davis is a lifelong technologist currently serving as the CEO of Reboot Representation, a coalition of tech companies pooling their philanthropic resources to double the number of Black, Latina and Native American women receiving computing degrees by 2025. Ruthe Farmer Contributor Share on Twitter Ruthe Farmer is the […]

Nigerian edtech startup Teesas secures $1.6 million in pre-seed round, to launch tutor marketplace, expand in East, Southern, Francophone Africa in 2022

After seven years in the production of electronic gadgets, under his company Imose Technologies, Osayi Izedonmwen took leave to explore an idea that he had toyed with for some time — an edtech startup, Teesas, which now offers video classes and other digital educational material for learners in Nigeria. Teesas, which was launched less than […]

Despite scrapped IPO, Babbel sees fast growth for its language learning service

Berlin-based language learning service Babbel was supposed to IPO on the Frankfurt stock exchange in late September. But only a few days before the initial listing the company pulled the plug with an eye on the developing Evergrande debt crisis that made the global stock markets very nervous. It has yet to announce a new […]