Investment in education technology boomed ahead of Covid-19 outbreak

uk.finance.yahoo.com

Investment spiked in education technology companies last year, even before the coronavirus crisis forced schools to adopt remote learning en masse, according to new data.

The UK’s education technology sector attracted 289 million US dollars (£237 million) in venture capital money last year, according to new data from Dealroom.

It is a 91% jump from the year before, when 151 million dollars (£124 million) were poured into the sector.

The boost came as the US’s sector fell by 12% and venture capital investment in European education technology companies rose 8%.

Read more...
Linkedin

Want to receive more content like this in your inbox?