Stocks tumble with Ministry of Education under investigation. Signa, an EdTech startup from Brazil, was a global finalist during the Next Billion Prize.
Policy change to drive common national curriculum and technology development. K-12 market begins to consolidate. Brazil’s Ministry of Education launches USD $160M line of credit for launching of innovation projects.
LATAM EdTech startups gain international recognition. Brazilian Ministry of Education launches $160 million credit line.
Three hundred and sixty-four EdTech startups identified in mapping exercise. Kroton lays out ambitious merger and acquisition plans. Arco Educação raises around $220 million in NASDAQ IPO.