July Newsletter
Hello, and welcome to July’s European Edtech News!
The last couple of weeks we have been reading the latest funding reports for EdTech, showing a European EdTech market that is withstanding. The European EdTech investments for 1H22 are resilient, although tech funding is in a real downturn due to the economic recession. For the first half of 2022 VC investments in European EdTech increased by 40% compared with the same period in 2021. You can read all about it in Brighteye Ventures’ Half Year 2022 European Edtech Funding report. The state of global EdTech funding is heading to an expected $17.4B for the full year as HolonIQ’s half year report shows, highlighting the momentum of the European EdTech scene.
The European Edtech Map continues to grow!
Reaching 1200 listed companies in less than two months after launch, the map continues to grow. Is your company not on the map yet? Fill this form or dive into our map to discover the diversity of European EdTech here!
Edtech Italia: Europe’s sleeping giant
Interesting to have a look into one of our member, Edtech Italia, for the first mapping of one of the most promising EdTech markets in Europe: Italy, Europe's sleeping giant. Check out the report to get a great overview. Read it here!
The Female Edtech Fellowship
The European Edtech Alliance and Supercharger Venture just launched the 2nd cohort of the Female Edtech Fellowship. It is a business focused network for the most promising women founders in European Edtech and the second cohort welcomed 14 female edtech entrepreneurs from 10 countries, joining forces to scale, fund and build their businesses further. Find out all about the program and the second cohort here.
Time for action: Making EdTech a key driver in European digital education
Read our position paper on making EdTech a key driver in the European digital education, presented to the Commissioner Mariya Gabriel after a series of round table discussions on the role edtech can play in reaching the targets of the Digital Education Plan, here!
Ukrainian School Hub
On the 1st of June we launched the New Ukrainian School Hub, a free, central hub collating educational resources and knowledge, with the support of the European Commission under Commissioner Gabriel. The high-profile platform has been shared with all EU Ministries and supports Ukrainian refugees both within and outside of Ukraine. Make sure your products and resources are part of this important work and help us get the word out, so it reaches all teachers and students in need. To add resources, click here!
EdTech Next Summit
The European Edtech Alliance partners with the EdTech Next Summit in Bielefeld, Germany, for the largest and most exclusive EdTech Start-Up event in Europe, designed by EDUvation! Connecting more than 1,000 founders, investors, political actors and companies from all over Europe. The unveiling of the speaker line-up has started, be fast and get your free tickets here!
NEWS FROM OUR MEMBER ASSOCIATIONS
FUND-RAISING
Ukrainian startup Preply closed a Series C round of 49m€ to grow its language learning platform, where language tutors and students connect for online classes.
Italian startup Arduino raised 31m€ to expand their engineering community to encapsulate the enterprise market.
French startup Fifty raised 9.8m€ to overcome the intention-action gap in trainings and business transformations.
Italian startup Treccani Futura raised 7.65m€ to develop digital content aimed at school-age children within its platform.
Swedish startup Magma Math, and its problem solving tasks with multiple entry points, raised 4.75€ to continue expansion.
French startup Alegria.group raised 4 million to develop its Nocode school, an ecosystem capable of producing a large number of digital applications.
Spanish startup Twenix picked up 3.5m€ to enhance professional language skills.
Polish startup The Village finalised a seed round of 3.4m€ for their complete ecosystem - an early childhood education facility.
Italian startup Glickon raised 3m€ for its software solutions dedicated to HR and management.
British startup The Garden raised 3.5m € in seed funding to launch a new learning platform that’s on a mission to become a ‘people’s university’.
Irish Learnovate Centre raised €3m in funding to expand its research center. Learnovate are global experts in learning technology helping organisations navigate the complexity of the evolving future of work and learning.
Estonian startup 99math raised 2m€ to boost its EdTech math gaming platform aimed at making teaching and learning math fun.
Italian startup Futura with its personalised data-driven learning approach to test prep, raised 1.8m€.
LUMO Labs invested € 1.5m€ in Metacampus, a training platform for the virtual economy based in Barcelona.
Amsterdam-based JetLearn gets 1.2m€ to help kids learn Web3.0, AI and robotics.
German startup Deepskill raised a seven-figure sum for its digital platform for holistic human resource development and emotional skills.
Acquisition
African Leadership Group acquired French coding school Holberton, a tech education company, with physical schools across the globe in addition to its core online platform.
Polish childcare platform LivKid acquired its competitor Dinantia, powered by SEK Lab.
Swedish AcadeMedia acquired Changemaker Educations AB and continue the expansion within game education
Higher ed player Uniwhere is now part of Italian Develhope after the merger.
OTHER MEMBER UPDATES
Denmark is effectively banning Google’s services in the municipality of Helsingörs schools, as a verdict showed that data processing involving students using Google’s cloud-based Workspace software suite “does not meet the requirements” even though stored in the EU. The ruling comes as a new EU-US data flow principle is agreed upon, but not in effect, leaving organisations in limbo, Techcrunch reports.
The Swedish Ministry of Education decided to expand the digitalisation strategy for schools until 2027 and want to see alignment with the EU’s Digital Education Plan and continued focus on equity and quality.
EdTech Capital has published the TOP 10 Edtech fundraisings in France since January 2022, discover it here.
Dutch Edtech reaches 80+ members.
Upcoming Events
24th-25th October: EdTech Next Summit The European Edtech Alliance and its Members are looking forward to attend the 1st EdTech Next Summit this year. Get your free tickets here!
16th-29th November; HolonIQ Future of education and workforce Summits We look forward to participating in HolonIQs stops in London, Stockholm, Berlin and Paris. Register here!
Swedish Edtest cohort The national testbed for digital learning resources starts a new testing cohort after the summer. Open for companies active on the Swedish market. Sign up here!
Supercharger Ventures Accelerator 5.0 Applications to join Supercharger Ventures’s Accelerator Programme 5.0 for later stage companies, starting September 2022, are now open. Apply here!
You can find more member-related events here!
This newsletter is written and produced by the European Edtech Alliance. The European Edtech Alliance is a consortium of national trade associations and clusters working with founders and providers of education technology (Edtech), to support the domestic and international growth of these businesses and the innovations they represent.