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Education

Bonsal moves on from Towson
Bonsal will return to venture capital, ending a six-year spell as director of venture creation at Towson through which he was credited with the realignment of its incubator.
Purdue handles Penguin Innovations
Penguin Innovations has spun out of Purdue’s College of Pharmacy with a virtual cleanroom training program for pharmacy students.
NovaUCD signs up student-founded duo
Evervault is pursuing seed funding for encryption software that protects compromised networks, while MyStudyPal has launched an academic timetabling app.
Ikove kindles $10m Ohio tech fund
Ikove Venture Partners has launched a $10m venture capital vehicle to help spawn spinouts based on projects at Ohio universities.
University Ventures enrols in Unicaf’s latest round
Online higher education platform Unicaf has raised series B funding from a consortium also including Goldman Sachs, EdX and CDC Group as it gears up to target more students.
OUI concludes strong quarter
Oxford University Innovation has released its quarterly figures that reveal more than 89% of external investments in its spinouts occurred in August.
Strategic Education devises seed fund
SEI Ventures will invest in seed-stage companies and give startups the opportunity to pilot their technologies across Strayer University and Capella University.
NovoEd passes acquisition test
Occupational learning tool developer NovoEd, based on research at Stanford, has been bought by Devonshire Investors after raising $4.8m of series A capital in 2014.

Other News

Kahoot loots funding at $300m valuation
Datum Invest has led a $15.3m round for educational game platform Kahoot, which is the result of research at Norwegian University of Technology and Science.
Turnitin marks Gradescope for acquisition
UC Berkeley’s SkyDeck accelerator has secured an exit as schoolwork assessment technology developer Gradescope was acquired by Turnitin.
Strivr arrives at $16m funding round
Virtual training software provider Strivr increased its total funding to more than $23m, having been incubated in partnership with Stanford’s Virtual Human Interaction Lab.
StartX nurtures Kinedu in series A round
Stanford-StartX Fund has invested in childhood development app creator Kinedu, which counts childcare provider Advenio among its early backers.
VitalSource exercises Acrobatiq acquisition
Educational content creation platform Acrobatiq spun out from Carnegie Mellon University in 2015 and had been backed by the university's Carnegie Innovations division.
Galvanize animates $32m series C
Galvanize has raised $32m from investors including University Ventures and is using some of the money to acquire coding bootcamp operator Hack Reactor.

Editor's Picks

Coursera sets sail for India
Coursera, which enables users to take online university courses, recently raised a $49m first tranche of a $60m series C round and is setting its sights on India.
The rise of edX
Analysis: The current state of MOOCs
MOOCs continue to dominate higher education headlines, but what is the current state of play, and what does the future hold for online course providers?
SLC blooms with $100m
The Shared Learning Collaborative (SLC), backed by $100m from The Gates Foundation, the Carnegie Corporation, and others, rebrands as new startup inBloom.
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