Edtech startups to watch, according to top investors – Sifted

2021 has been a bumper year for Europe’s edtech sector. Investment into European companies hit at an all-time-high of €1.5bn this year, double 2020’s figure of €653m.

The pandemic has propelled more innovative ways of teaching and learning remotely and investors want t…….

2021 has been a bumper year for Europe’s edtech sector. Investment into European companies hit at an all-time-high of €1.5bn this year, double 2020’s figure of €653m.

The pandemic has propelled more innovative ways of teaching and learning remotely and investors want to tap into the growing market. 

Some of the year’s big winners include Paris-based 360Learning, which raised $200m in October, Vienna-based GoStudent, which raised €205m in June, and Multiverse, a British startup which raised $130m in September.

With increasing traction in the sector, we asked investors to name their top edtech startups that are currently under the radar.

These were their picks. 

Kriti Bansal and Jenny Wang, Owl Ventures

Labster

Labster is a platform for virtual labs and science simulations. Labster provides interactive laboratory simulations powered by VR for students that wish to explore lab experiments in biology, chemistry, physics, engineering and general sciences. It offers 70 virtual labs with the aim of increasing participation in STEM curricula, while also improving learning outcomes and retention rates.

The company’s raised $108m so far and is headquartered in Denmark.

StudySmarter

German company StudySmarter offers an intelligent and content-agnostic platform for lifelong learning with more than three million learners on the platform today, growing by 500,000 learners every month. StudySmarter’s vision is to leverage state-of-the-art technology to revolutionise the learning journey and empower everyone to achieve their educational goals. Founded in 2018, the company’s raised €24m so far.

Morressier

Another German company, Morressier, runs a virtual conference and publishing platform for the academic and scientific community. Today, more than 200 of the world’s leading professional and scientific organisations use it to support their virtual and hybrid meetings, engage their users, and amplify their content. In addition, by increasing access to previously ephemeral content, Morressier helps accelerate breakthroughs and innovation around the world. The company’s last round was a €20m Series A round.

David Grimm, investment director at Albion VC

Third Space Learning

London-based Third …….

Source: https://sifted.eu/articles/edtech-startups-investors/

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