A New Zealand startup offering to train 1000 students in the entry-level AWS certification for free has raised $2.3 million in pre-Seed funding The round for NextWork was led by Kiwi VC GD1 with support from Blackbird, Icehouse, Phase One Ventures and the founders of Eucalyptus. The Wellington-based online education startup has set out to… Read more »
Sydney startup Forage, which helps students move from study to the workforce with virtual job simulations, is being acquired by US education firm EAB. The terms of the deal were not disclosed. Forage was founded in 2017 by Pasha Rayan and Tom Brunskill as InsideSherpa. They set out to help students from less advantaged backgrounds a… Read more »
Schools-focused digital skills e-learning platform in Grok Academy has appointed Martha McKeen to a new role as chief strategy officer. Grok Academy is a not-for-profit edtech charity focused on digital technologies education. CEO Dr James Curran said McKeen’s breadth of experience across education, technology, and cyber security portfolios at the Commonwealth Bank, including working with… Read more »
An all-in-one finance and lifestyle app for international students has raised $1.6 million in Seed funding. Mist was backed by Investible, Allectus Capital, Archangel Ventures, Seedspace, and The Hunter Angels. It wants to become the go-to app for international students, offering a streamlined solution for relocating to another country to study, especially around banking and… Read more »
Financial industry professional development platform Nuggets Academy has raised $700,000 in a round led by Antler Australia. The edtech, which deals with the mandatory Continuing Professional Development (CPD) training people are required to undertake annually, emerged out of the Antler program last year with its initial pre-seed funding from the accelerator and VC. Also backing… Read more »
Sydney quantum software startup Q-CTRL has partnered with Quad Investors Network (QUIN) to deliver quantum technology training in Australia and the US. Q-CTRL founder and CEO Professor Michael J Biercuk is currently in the US, and met with ambassador and former prime minister Kevin Rudd as the current PM, Anthony Albanese, visits the White House and… Read more »
Six months after launching Purpose Ventures with a $37 million war chest to back Western Australian startups, strong support from local investors has seen the VC top up its first fund with another $8 million as it backs its third company. The Purpose Ventures Fund is committed to investing at least 70% of its capital… Read more »
Just months after its valuation surpassed A$3 billion, Brisbane workplace learning platform Go1 has raced away with the 2023 Startup Daily Best in Tech Awards’ Scaleup of The Year award, presented by AWS Startups. Taking out one of the top trophies from the 2023 Startup Daily Best in Tech Awards gala event in Sydney, Go1… Read more »
School management software scaleup Compass has won the tender to supply more than 800 of Western Australia’s Public Schools with its technology – a project it will deliver in partnership with ASX-listed TechnologyOne. The deal, which is worth more than $9 million annually over seven years, with an option for extension, will see Compass expand… Read more »
Early stage investment company Antler Australia recently backed a new cohort of startups as part of its ongoing program to build great local tech companies. Startup Daily is sharing the details of each venture in the “Antler Investor Memos” series, which is designed to give you a quick, sharp understanding of the startups and people… Read more »
New Zealand digital teaching aid Education Perfect has acquired a bootstrapped Victorian edtech assessment platform Essential Assessment in a deal believed to be worth $40 million Education Perfect (EP) saw global equity giant KKR take a majority stake in the business two years ago in a deal worth more than $400 million. The terms of… Read more »
Edtech Cleverbean has raised $200,000 in Seed funding from Victorian early-stage investor Skalata Ventures to help reduce teacher burnout, at a time when a record number are leaving the profession. The startup offers thousands of evidence-based and research-backed learning materials for the K-6 Australian English curriculum. Cleverbean was cofounded Lucy Chambers, a teacher, and Alina… Read more »
Breakthrough Victoria, the state government’s $2 billion investment fund, has backed edtech startup Cadmus, which is helping universities detect generative AI plagiarism, chipping in $600,000 as part of an undisclosed total round for global expansion. Cadmus emerged in 2015 out of a research project at the University of Melbourne. The software platform has sophisticated learner… Read more »
Melbourne education tech startup Pivot has raised $1.4 million for its schools feedback platform to improve teaching. The round was led by the Catholic Diocese of Maitland-Newcastle and technology firm DiUS, with support from LaunchVic’s women-led investment program the Alice Anderson Fund. The funding will be used to re-platform the company’s survey-based technology and launch… Read more »
Brisbane workplace learning platform Go1 has acquired five-year-old rival British content curation startup Anders Pink. The deal went through late last year for an undisclosed sum amid as part of Go1’s push into the European market after also acquiring Swiss-French edtech Coorpacademy, which delivers French and German language content. It was a busy year for… Read more »
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