🌏 2024 Nordic Baltic EdTech 50 + One Week to Go for Back to School Summit in NYC

Happy Monday 👋

HolonIQ launched the 2024 Nordic Baltic EdTech 50, a list of the most promising EdTech startups in the region. K12 remains a core area of focus for EdTech in the region. However, this year sees growth in the Workforce & Skills segment. The related categories of advanced technology and STEAM make up over one-third. EdTech, which serves the K12 market, represents over half of the 2024 cohort, with the majority of those supporting schools and school systems, indicative of the strong integration of technology into formal education in the region. Read more about this year’s cohort, and customers can deep dive into the list on the platform.

🍎 Last Chance for Tickets to the Back to School Summit - NYC 10-11 Sept

This year's HolonIQ Back to School Summit in New York on September 10–11 will sell out in the coming days. The 'Back to School' Summit will bring together 500 influential leaders from Pre-K to Higher Education and Workforce, Philanthropic foundations, leading education companies and policymakers, major institutional investors, and technology leaders for roundtables, presentations, and networking. 2024 will follow three broad tracks; Foundations & Philanthropy, Higher Education & Workforce and Technology & Finance. Register here.

💪 Power Moves

📵 France to Trial Ban on Mobile Phones in Schools for Under-15s. The French government is planning to try a ban on the use of mobile phones in schools for children under 15 years old and if successful, it will roll out nationwide in early 2025.

🤖 ASU Collaborates with OpenAI to Enhance Education. These two powerhouse organizations are partnering to explore how generative AI, like ChatGPT, can be used to improve educational learning.

📚 Australia Releases Plan to Limit International Student Numbers. The Australian government released details this week on their plan to introduce caps on the number of international students allowed to study in the country.

💸 Funding

💸 Hillhouse Capital, a Chinese private equity firm, is set to acquire all Asian schools that are a part of Dulwich College International, an international school network, for $600M.

👩‍💻 The Siegel Family Endowment, a foundation focused on technology's impact on society, announced over $10.4 million in grants to support tech innovation in K-12 education and workforce development.

📚 Lilly Endowment Inc., a philanthropic organization, has provided a $5M grant to Project Lead The Way (PLTW) to support STEM education programs in elementary schools across Indiana over the next three years.

👶 Kreedo, an Indian early childhood education management system provider, raised $4M in a Series A round led by Haritas Capital. 

🏫 SP Jain Group, an Indian private business school, acquired California Miramar University to expand its reach into the US.

🌐 Talk Straight, a UK broadband supplier for K12, acquired Internet4Schools, a similar connectivity provider. 

💻 Tactical Management, a financial firm based in Hong Kong, acquired Paris Metropolitan University, an online university in France.

Thank you for reading. Have a great week ahead!
Have some feedback or suggestions? Let us know at hello@holoniq.com