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The Edtech Edge #24 - A more protectionist US, new funding for African startups and insights into the Chinese ecosystem
Your weekly take on all things Edtech, Startups and Venture Capital, powered by Brighteye Ventures.
👋 Hi and welcome to this week’s issue of The Edtech Edge.
Articles and Resources of the week
U.S. Ed Department increases oversight of how colleges work with outside companies
Last week the U.S. Department of Education issued new guidance on how federally-funded higher ed institutions (like most U.S. colleges and universities) are allowed to work with third-party service providers (like OPMs, but also most other Edtech services). This new guidance basically no longer allows these higher ed institutions to work with service providers that operate from outside the country and/or are owned by non-American citizens. This development could heavily affect all non-U.S.-based higher ed Edtech companies and might also trigger a policy change in Europe. You can find more in-depth breakdowns here: Matthew Tower, WhiteBoard Advisors and Phil Hill.
Co-Creation Hub’s Edtech accelerator puts $15M towards African startups
A new $15 million Edtech accelerator program to target Africa's $2 billion education market. Over the past few years, several Edtech startups like uLesson, Kidato or FoondaMate have developed digital platforms that have, in some way, seen thousands of Africans receive better learning and work opportunities. However, the whole continent is still largely underserved. Africa’s largest innovation hub Co-creation Hub (CcHUB) is now launching a $15 million accelerator program, dubbed The Edtech Fellowship Program, to back and support 72 startups across Nigeria and Kenya over the next three years.
Inside The Chinese Edtech Ecosystem with Andrew Shewbart
Last week on Edtech Insiders Alex Sarlin spoke with Andrew Shewbert of ALO7 about the developments in the Chinese Edtech Ecosystem. Andrew provides amazing insights into the Chinese Edtech growth story as well as the following breakdown caused by one of the most significant set of regulations in Edtech history.
Investment news
Romanian Edtech startup Bloomcoding raised a €1M seed round from Credo Ventures, Inovo VC and u.ventures for their coding school for kids.
Italy-based Beyond the Box is developing a skills management platform for corporates and raised a €650K seed round from CDP Venture Capital and SuperCharger Ventures.
Dutch Edtech company Primio developed a digital (learning) assistant for healthcare professionals and raised €1.5M from Healthy.Capital.
Jobs in Edtech
Coachbetter is hiring a Business Development Manager USA.
German startup eduBITES is looking for an Instructional Designer, a Content Manager and a Customer Success Manager.
EWOR is an Edtech company that’s offering an exciting Fellowship program for aspiring Edtech entrepreneurs.
Xpeer is looking for a Chief Marketing Officer.
Thank you for reading. If you enjoyed it, share it with your friends, colleagues and everyone interested in the European Edtech ecosystem. Subscribe below and follow me on LinkedIn and Twitter to never miss The Edtech Edge again.
Stay curious,
Hannes
PS: Feel free to share any ideas, suggestions, articles and jobs. I’d love to take a look and include it in my next edition. Just hit me up at: ha@brighteyevc.com