EdTech started the last decade with $500m of Venture Capital investments in 2010 and finished 14x higher at $7B in 2019. Through COVID, EdTech attracted $8.3B of VC through the first three quarters of 2020, setting the sector up for a record-setting full year.
Q1 included a giant $1B Yuanfudao round and $400M of ByJu’s funding. Q2 was slower with Zuoyebang closing $750m in last few days of the quarter. By Q3, ByJu’s had closed another $500m, Zhangmen $400m and VIPThink $200m.
EdTech VC has grown 32x since 2010, reaching a record $16.1B in 2020.
The complete list of SPACs targeting companies working to build a more inclusive and sustainable future.
The Complete List of Global EdTech Unicorns
312 University Leaders and Industry Executives from 30 countries shared their initial insights about digital capability in higher education, painting a global picture of current performance, gaps and priorities.