Digital Skills & Upskilling Marketplaces
The global digital skills gap is still critical, as made evident by a growing number of educational upskilling initiatives launching around the world this week.
Happy Monday 👋
The global digital skills gap is still critical, as made evident by a growing number of educational upskilling initiatives launching around the world this week. In India, MongoDB and the All India Council for Technical Education are training 500,000 people, while Huawei aims to upskill 300,000 in Pakistan. Cybersecurity training is gaining traction, particularly in the US and UK. EdTech companies are jumping in—OffSec just launched a new cybersecurity certification, and SSC Academy teamed up with Netcom to expand IT and cybersecurity education. This global push signals a growing commitment to close the digital skills gap and equip individuals for the modern workforce. With the growing need for a skilled workforce, tech giants, businesses, and institutions are doubling down on upskilling initiatives. Marketplaces play an important role in this ecosystem. Check out HolonIQ's Market Map of these players. Want to learn more about the future of upskilling? Contact us for a demo of the HolonIQ platform.
💪 Power Moves
👩🏻🏫 Ecuador Launches Free Digital Training Center "Mecapacito" for 50,000 Teachers Across Various Institutions. The program aims to improve teacher skills in five areas and support professional development.
💻 Alibaba Cloud Launches AI Tutor for Students on Wuying Cloud Computer. The AI tutor assists with math and IT problems and will be available in 200 schools through the Cloud for Youth program.
🤖 Yale Plans to Invest $150M Dedicated to AI for Five Years. The new plan intends to provide funding for 450 GPUs for research, develop a proprietary AI tool, recruit over 20 faculty, and promote interdepartmental collaboration.
💰 Deals of the Week
🥇 AceUp, a leadership development solution provider, raised $22.5M in a Series A financing round led by PJC, Techstars Ventures, Gaingels Ventures, Water Bear Ventures, and Launchpad Venture Group.
📡 LabLabee, a UK-based telecommunication training provider, obtained $3.4M in seed funding to accelerate the adoption of 5G, Cloud, and AI technologies through its hands-on training platform for telecom networks.
🔢 TouchMath, a US-based K12 math education provider, has acquired Classworks, a K12 math EdTech firm, to expand its product offerings.
🎮 CosmoBlue Media, a Swiss media-centric investment firm, has acquired Macademia, a gamified education provider for children.
📚Savvas Learning Company, K-12 learning solutions provider, acquired Pointful Education, a provider of online career and technical education courses.
📚Western Governors University, an online university, has acquired Craft Education, an education technology company that specializes in apprenticeship programs.
Thank you for reading. Have a great week ahead!
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