H1 2024 - what got funded in Edtech?
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Articles and Resources of the week
H1 2024 - what got funded in Edtech?
A Brighteye report analysing Edtech deals in H1 2024. What are they, you ask?
Unsurprisingly, AI and ML gain significant investor interest
Healthtech x Edtech crossovers deepen
Continued innovation in collaboration and admin solutions
Skills development and training covers broadening industries
Check it out to find out more!
Gen Z strikes back: Companies reneged their job offers. Now college students are getting even
Gen Z college students are increasingly reneging on job offers after experiencing a wave of rescinded offers from tech companies. This trend is driven by a combination of the job market's instability and Gen Z's desire to secure better positions amid uncertainties. As a result, both students and employers face a challenging hiring landscape, with new graduates navigating an unpredictable job market while companies adapt to fluctuating hiring needs​
AI will never substitute teachers. This failed experiment shows why
Last year, Marc Andreessen laid out a compelling vision for the future of AI in education, in which every child would have an AI based tool enabling them to maximise their learning potential. However, history has shown as that typically ‘the more advanced the technology, the further it substitutes genuine intellectual labor, the less we learn’. The article goes on to explore different theories and experiments which set out to examine how realistic this future is.
Investment news
Female Invest, a finance app for women, has raised a €10.3 million Series A round led by Educapital and Rubio.
UK-based employment support platform, Earlybird AI has raised £625k in pre-seed funding, backers included Google for Startups, Impact Shakers, Resolution Ventures, Ada Ventures, Syndicate Room’s Access, Lightbulb Trust, and angel investors.
Passionfruit, a marketing freelancer marketplace, has raised a Series A round of $9 million led by Seaya Ventures, with participation from firstminute Capital, Playfair Capital, Cornerstone VC, and Portfolio Ventures.
Educatly, an international network for higher education, has raised a $2.5 million round from TLcom Capital and Plus VC.
Jobs in Edtech
Adam is hiring a Tech Lead (Prague).
Thymia is hiring a Frontend Engineer (London/Hybrid).
Shakers is hiring a Product Designer (Valencia/Madrid/Hybrid).
Ornikar is looking for a Head of SEO (Paris/Hybrid).
Thank you for reading! If you enjoyed it, please share with friends and colleagues interested in European Edtech and Future of Work. We also explore the AI space—stay tuned for more updates!
Onward & upward!