Coursmos, a learning platform offering micro-learning courses for the “generation distracted”, raises $530k from Russian VC Imperius Group and an undisclosed angel investor. The startup previously raised $310k from Happy Farm Business Incubator and a group of angels.
Fingerprint, a mobile app network for children, announced that it has raised a $10.85 million Series B from Reed Elsevier, Corus Entertainment and Dreamworks.
Fingerprint previously raised $7.75 million led by Corus in August 2012 which brings the total funding raised to more than $20 million.
One Month, a startup that aims to teach learners new digital skills in 30 days, has raised a $770k Seed Round from investors including Winklevoss Capital, Innovation Works, Andreessen Horowitz, General Catalyst, Start Fund, Oliver Jung, Lew Moorman, Y Combinator, FundersClub, and crowdfunding platform WeFunder.
One Month also took part in the Y Combinator 2013 Summer batch where it had received an initial $14k in seed investment.
Schoology, a learning management solution which provides a collaborative learning environment, has raised a $15 million venture round led by Intel Capital with participation of new investors Great Oaks Venture Capital and Great Road Holdings and existing investors FirstMark Capital and Meakem Becker Venture Capital. Intel Capital’s Sumeet Jain will join Schoology’s Board of Directors.
The round brings Schoology’s total capital raised to $25 million.
MasteryConnect which provides teachers with a suite of assessment products acquired Socrative, a startup that creates tools for classroom engagement, for $5 million in cash and stock.
Both startups took part in the imagine K12 incubator program and have NewSchools Venture Fund as their investor. MasteryConnect raised $9 million to date, Socrative $760k.
On Friday Open Education Challenge announced the 20 edtech startups that are invited to a workshop and pitch competition in Barcelona. The event takes place from July 11th to 15th and will end with the selection of the 10 teams that will be invited to join the incubator.
The 20 finalists have been selected out of 611 applications from 74 countries. The European Incubator for Innovation in Education will last 12 weeks, and the teams will visit five European cities, namely Barcelona, Paris, London, Berlin and Helsinki, where they will be taken care of by the respective Challenge partners.
Each startup will receive up to €20.000 seed investment in exchange for 6% equity on average. For more information about the program, we invite you to read our overview from earlier this year.
Galvanize, a network of co-working and learning spaces for digital innovators and entrepreneurs, raised a $18 million Series A led by University Ventures Fund. Founded in 2012, Galvanize previously raised money from a group of undisclosed angel investors and currently operates three campuses in Denver, Boulder and San Francisco.
Australian edtech startup School Places raised $2 million AUD from Square Peg Capital, Tank Stream Ventures and Rampersand. Square Peg had already invested in School Places’ seed round. The funding will be used to expand the service beyond Victoria, first to New South Wales and later nationwide.
Tarena International, provider of professional education services in China, signed partnership deals with six Chinese universities and colleges.
Under the partnership students will be able to enroll in joint major programs and the institutions will include selected courses from Tarena in their standard undergraduate curriculum.
Delhi-based Pathfinder Publishing has raised an undisclosed amount of angel investment from a group of five business angels for its higher education and career counseling portal Careers360.
The round was led by Ranjan Pai of Manipal Group with participation of Satya Narayanan of Career Launcher, Mahesh Murthy of Pinstorm and two other undisclosed financial investors. The startup received initial investment from Netcore founder Rajesh Jain.