Discover more from The Edtech Edge
The Edtech Edge #25 - Change is the new normal, how can we deliver a skills system for an economy in transition?
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
Change is the new normal, how can we deliver a skills system for an economy in transition?
The start of an exciting blog series by the Learning and Work Institute (L&W) and Ufi where they are exploring how to use technology to help every adult get the skills they need to participate and benefit from employment. In this first post, they argue for an overall change in the conversation on skills. Moving from a discussion that’s focused on skills shortage to one that focuses on skills systems instead.
Will ChatGPT Make Students Turn Away From Homework-Help Services?
The emergence of ChatGPT provoked widespread concern that the AI chatbot is the ultimate tool for students cheating on homework since it can answer just about any question in paragraph form. The homework-help business — led by giants like Chegg and Course Hero — has long been both profitable and controversial. The popularity of Chegg’s subscription service even became a verb: “Chegging.” It’s a form of question-and-answer business, which allows students to look up answers. That whole business could be threatened by free tools like ChatGPT. But it's not just homework help. Even online tutoring companies like Tutor.com may see a decline in business thanks to the arrival of algorithm-generated writing.
The GoStudent Future of Education Report 2023
Talking about online tutoring companies…for their second Future of Education Report, GoStudent has surveyed more than 6,147 parents or guardians and their children across 6 European countries to learn what they think about the current education system and what they believe should change for future generations. A few highlights: (1) 53% of children think school alone is not preparing them for their dream job, (2) 73% of children think technology makes it easier to learn, and (3) over 1/2 of children think the Metaverse will enable them to learn more effectively.
StudentFinance raised a €39 million (equity and debt) Series A round from Iberia Capital, Armilar Venture Partners, Giant Ventures, Mustard Seed Maze and Seedcamp.
Edurino raised a €10.5 million Series A round from DN Capital, FJ Labs and Tengelmann Ventures (with existing investors Jens Begemann, btov and Emerge Education).
eduBITES raised a €2.1 million Seed round from Schwarzwälder Bote Mediengruppe, IBB Ventures and Redstone Digital.
Konfetti raised €2 million of Seed funding in a deal led by Speedinvest and Peak.
Jobs in Edtech
Morressier is looking for a Chief of Staff in Berlin.
LabLabee is hiring a Customer Success Manager in Paris.
Coachhub is hiring a Vice President of Product in Berlin.
StudentFinance is hiring Product and Product Marketing Managers (remote).
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.
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: email@example.com