Edtech startup bina raises $1.4M to teach 4- to 12-year-olds, launch School-as-a-Service

With the pandemic wreaking havoc amongst early years education amid school lockdowns, it’s no wonder edtech startups have piled into the space. But it has also served to highlight the abysmal nature of early years teaching: Some 40 million teachers across the globe are leaving the sector, according to the World Bank. Of the 1.5 […]

The tale of two edtech IPOs

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. Last week, Natasha and Alex jumped on Twitter Spaces to discuss the tale of two edtech IPOs: Duolingo, the consumer language learning company, and PowerSchool, the enterprise K-12 software platform. It was a rare moment in the sun for the […]

5 lessons from Duolingo’s bellwether edtech IPO of the year

Duolingo landed onto the public markets this week, rallying excitement and attention for the edtech sector and its founder cohort. The language learning business’ stock price soared when it began to trade, even after the unicorn raised its IPO price range, and priced above the raised interval. Duolingo’s IPO proves that public market investors can […]

Duolingo’s IPO pricing is great news for edtech startups

While the Chinese technology market digests a new regulatory landscape impacting the country’s edtech market in a sharply negative manner, U.S. education technology companies have something to cheer about: Duolingo’s IPO priced very well. The language-learning unicorn initially targeted an $85 to $95 per share IPO price range. That interval was later raised to $95 […]

Edtech’s venture-backed globalization pauses at China

U.S.-based edtech investors are increasingly going global, but recent regulatory crackdowns in China, which instructed local K-12 tutoring startups to go non-profit, have led to a chill among check-writers looking at the country. When I first started reporting on edtech over a year ago, U.S.-based investors often cited China as validation of the opportunity for […]

Byju’s acquires reading platform Epic for $500 million in US expansion push

Byju’s said on Wednesday it has acquired California-headquartered reading platform Epic for $500 million, the latest in a series of moves from India’s most valuable startup as it deepens its footprint in the U.S. market. The deal involves both cash and stock and Epic founders — Kevin Donahue and Suren Markosian — will continue to […]

PowerZ raises $8.3 million for its video game focused on education

French startup PowerZ has raised another $8.3 million (€7 million at today’s exchange rate) including $1.2 million (€1 million) in debt — the rest is a traditional equity round. The company is both an edtech startup and a video game studio with an ambitious goal — it wants to build a game that is as […]

Indonesian edtech startup Gredu raises $4M Series A to keep teachers, parents and students engaged with one another

Many teachers and parents in Indonesia rely on WhatsApp to keep in touch, creating “multiple groups that often become messy and highly ineffective, and result in confusion or lost threads,” says Rizky Aniez, the co-founder and chief executive officer of Gredu. The Jakarta-based startup was created to give everyone involved in the educational process—school administrators, […]

Edtech startup Microverse raises $12.5M to bring income share agreements to the developing world

Edtech startup Microverse has tapped new venture funding in its quest to help train students across the globe to code through its online school that requires zero upfront cost, instead relying on an income-share agreement that kicks in when students find a job. The startup tells TechCrunch it has closed a $12.5 million Series A […]