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Education

Daily deal net: June 17, 2019
Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Upswing sizes up $2m
Stanford-backed student support platform UpSwing has added $2m from investors including Impact America Fund to take its total to approximately $5m.
Early Learning awakens with Renaissance
Edtech provider Renaissance has bought UM's early years education assessment provider Early Learning Labs, vindicating twenty years of government-funded research.
FutureLearn examines $65m investment
More than six years after being launched by Open University to offer massive open online courses, FutureLearn has raised its first external funding from Seek Group.
Coursera signs up for $103m series E module
Seek Group led a series E round that valued Coursera at more than $1bn, boosting the Stanford-founded online education provider’s total funding to more than $313m.
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.

Other News

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.
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.

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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