… Class, a Zoom-only virtual classroom, nears unicorn status after SoftBank check
Class, a virtual classroom that integrates exclusively with Zoom, announced today that it has raised $105 million in a financing led by SoftBank Vision Fund II. The 10-month old startup has now raised a total of $146 million in known venture funding to date, which eclipses the amount of capital raised by founder Michael Chasen’s […]
Shikho, an edtech startup focused on Bangladesh’s students, gets $1.3M seed
In Bangladesh, students often rely on after school learning centers for study help or test preparation, but many of the best ones are concentrated in major cities. Edtech startup Shikho was created to make supplementary education more accessible and affordable. The company announced today it has closed a $1.3 million seed round co-led by returning […]
BoldVoice wants to help nonnative English speakers find (and flaunt) their voices
When Anada Lakra and Ilya Usorov first moved to the United States, they struggled to find their voices. They both knew and understood English, but when it came time to speak up, their accents became a hurdle. Usorov, for example, watched his Russian-born parents struggle to advocate for themselves, which limited work opportunities. While Lakra, […]
Edtech’s venture-backed globalization pauses at China
Edtech investors are increasingly going global, but regulatory crackdowns in China, which instructed K-12 tutoring startups to go non-profit, have led to a chill among check-writers in the country.
日本初の女性に特化したメンタリティ教育・キャリアスクールを手がけるLiLiが総額1億円のプレシリーズA調達
「凛々しく、生きていく」をテーマに、凛々しい女性の育成を行うLiLi（リリ）は、7月27日、Bonds Investment Groupをリードインベスターに、複数の投資家によるプレシリーズAラウンドで、総額1億円の資金調達を実施したと発表した。 Read More
Duolingo boosts IPO price target in boon to edtech startups
Duolingo is now targeting a $95 to $100 per share IPO price range, up from $85 to $95 per share, or a gain of around 12% at the bottom and 5% at the top.
As China shakes up regulations, tech companies suffer
Things in China seem to be changing for the worse, in terms of both future access to foreign capital for Chinese companies and doing business in the country overall.
Equity Monday: China boosts pressure on its tech sector as Duolingo’s IPO looks to raise a few more bucks
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You […]
China’s expected edtech clampdown may chill a key startup sector
When it comes to control, the Chinese government doesn’t mind wiping out a few dozen billion dollars in market cap here and there. That’s not a great system.