🎁 2024 EdTech Funding Wrap. 🇺🇸 Global Skills Week. 🏆 Global EdTech 1000.

👋 Happy New Year,

2024 saw $2.4B of EdTech Venture Capital, representing the lowest level of investment since 2015. The hype of 2021 is well and truly over, with investors seeking fundamentals over 'fluff’ and prioritizing sustainability and profitability over rapid expansion. North America dominated in funding value, with Europe just behind on deal volume and South Asia seeing a few mega-rounds.

Workforce training and development secured a third of the total, driven by upskilling and professional language learning, with another third going to K-12, particularly in K-12 support services. Go to the analysis overview, or access global education funding data (and more!) on the HolonIQ Platform.

🇺🇸 Join us for Global Skills Week and Forum Washington D.C, 24-28 March

Global Skills Week brings together skills-focused industry, colleges and universities, policy-makers, economic development and technology leaders from around the world. The Future of Skills & Work Forum on Wednesday March 26, is the main program for Global Skills Week in 2025, connecting the global skills economy to advance ideas, initiatives and partnerships for next-generation skills, quality jobs and economic growth. Numbers are limited - Register Now!

🏆 2024 Global EdTech 1000

Every year, HolonIQ’s Education Intelligence Unit identifies the most promising 1000 EdTech startups globally. The 1000 list is built region by region from over 10,000 nominations, applications and screening to ensure the global cohort is diverse and to shine a light on the inspiring innovation happening all around the world. In 2024, start-up solutions for workforce training lead in advanced economies, with K-12 dominating emerging markets. Learn More.

🌐 Global Conferences & Events

Meet with higher education leaders and experts from around the world, in person and online, at one of the QS Global events in 2025 to discuss emerging trends and pressing challenges in higher education.

2025 events include the QS EduData Summit and QS Reimagine Education, and regional and country-focused events for Asia-Pacific, Middle East, Africa, Americas, Europe, China, India and Arab region. Learn More.

💪 Power Moves

💻  Coursera doubles down on global upskilling opportunities by partnering with India for workforce training and the Philippines to create an IT certification program alongside Google. 

🤖 Microsoft announced a $3B investment in India to expand its cloud computing and AI capabilities to train 10M Indian professionals in AI skills by 2030, following similar initiatives seen in the ASEAN region and Europe.

💚 New York introduces a new a $45M apprenticeship program for clean energy jobs. The New York State Energy Research and Development Authority (NYSERDA) has partnered with the Finishing Trades Institute of New York (FTINY) for the initiative.

💰 Funding

💸 Jeel-pay, a Saudi Arabian education finance solution provider, raised $6.7M in funding to expand operations of its learn-now-pay-later model. 

🔒 CybExer Technologies, an Estonian cybersecurity training provider, has secured $1.5M in funding to expand its AI-based training solutions.

Thank you for reading.
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