Queensland software startup Alii has raised $2.5 million in a self-described pre-Series A round that values the business at $10.25 million. The round was led by Brisbane private wealth fund Maranello Capital, which previously invested in the seed round in 2021. The subscription software platform straddles fintech, edtech and regtech to deal with accounts payments… Read more »
A cloud skills and workforce development edtech platform has raised another $4m in what the company is once again calling a Seed round, 10 months after raising $1.3 million in its first Seed round. Local VC giant Square Peg has backed Saasguru once again, having also led January’s initial $1.3 Seed raise. Existing investors Black Nova… Read more »
Edtech platform Clipboard, which helps school manage the extracurricular activities of students, has raised $3.1 million. The round was led by SaaS-focused Sydney VC EVP, with support from existing backer Jelix Ventures, and Sprint Ventures., Clipboard is an online attendance tracking system that streamlines timely communication for staff, students and parents as students move around… Read more »
Melbourne data analytics startup Intellischool has raised $3.3 million as it looks to go global with its edutech platform. The round was led by Sydney VC EVP and supported by social impact investor Save the Children Impact Investment Fund, edtech ventures Schoolbox and Curio Ventures, and personal backing from several edtech entrepreneurs. The capital is to bolster customer growth… Read more »
Schools’ use of educational technologies (edtech) grew exponentially at the height of COVID lockdowns. A recent Human Rights Watch (HRW) report has exposed children’s rights violations by providers of edtech endorsed by governments in Australia and overseas. The lockdowns have ended but edtech remains embedded in education. Children will have to navigate issues of data… Read more »
Edtech startup Edrolo has raised $40 million in a Series B that’s drawn the attention of four superannuation funds. The round was led by Blackbird, supported by AirTree and retirement funds Aware Super, HESTA, NGS, and Telstra Super. The 10-year-old venture’s goal is to improve the resources and content schools use for teaching and learning. Edrolo… Read more »
Brisbane-based online corporate training marketplace GO1 has seen its valuation double to US$2 billion (A$2.8bn) after raising an additional US$100 million. The raise saw newly created Sydney edtech investment fund Five Sigma sign on as a new investor, with existing backers, including AirTree Ventures, Blue Cloud Ventures, Madrona, Salesforce Ventures, and SoftBank Vision Fund 2… Read more »
Sydney startup Canopy Study, which uses artificial intelligence (AI) to create adaptive and personalised ways to improve learning, has raised an $1.1 million in a Seed round. VC Folklore Ventures backed the edtech startup. The cash is earmarked for product development and to build out the team across Australia. Canopy Study uses AI and proprietary… Read more »
Edtech startup FourthRev has raised $11.2 million in a Series A. The round was led by Paris-based edtech impact fund, Educapital, with support from existing backers Reach Capital, Emerge Education and Danner Capital, as well as well as several individuals. The raise comes after FourthRev bagged a $4.16 million seed round led by US education-focused VC… Read more »
Sydney edtech startup Language Confidence, which uses artificial intelligence to help people learn to speak English, has raised US$1.5 million (A$2.05m) in a seed round. The round was led by Southeast Asian VC Wavemaker Partners with support from Sydney early-stage VC Investible. The funds are earmarked for expand Language Confidence’s product range of AI-powered APIs… Read more »
A Sydney edtech startup helping people unlock the power of cloud software has raised $1.3 million in a seed round. The raise for Saasguru was led by Sydney VC Square Peg, with support from Black Nova and comes just six months after the venture was formed . Co-founders Amit Choudhary and Atif Saad developed their… Read more »
Online teaching and learning platform Atomi has raised $9 million in a Series A. The round led by Sydney VC OIF Ventures amid plans for continued international expansion and team growth in the US and UK. Playing in the e-learning space alongside the likes of Education Perfect, Atomi is an online teaching and learning platform that video… Read more »
Skills training startup Forage has raised US$25 million (A$35m) in a series B. The round was led by Blackbird Ventures, with participation from Telstra Ventures, Citi Ventures, Gaingels, Cap Table Coalition, ETF@JFFLabs and existing investors Lightspeed Venture Partners and FundersClub. The raise comes less than 12 months after the four-year-old Y Combinator graduate, previously known as InsideSherpa, landed a US$9.3 million series A. Forage… Read more »
The UK is proving to be an effective ecosystem for growth and innovation for Australian and New Zealand tech companies looking to expand internationally. The proof is three Melbourne entrepreneurs, Dennis Volodomanov, Dmitry Levin and Leon Kosher, whose idea, KISA, a simple-to-use mobile phone to meet the needs of the elderly, disabled and visually impaired… Read more »
Australia has long been known for the quality of its education system, so it’s not a big jump, to assume with the local talent and infrastructure, that the nation would also be good at building education technology solutions. Pre-COVID theedtech sector was growing. In just two years the local sector almost doubled in size and Australian… Read more »
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