🔄 Funding & Policy Targets Wellbeing in Education
Education policy-makers allocate funding to factors that support student well-being as the landscape of solutions grows to meet this demand across the K12, Higher Education and Workforce Sectors.
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Education policy-makers allocate funding to factors that support student well-being and equitable access. This week, the UK’s $2B investment in school refurbishments aims to revitalize 50 schools each year and in the US, Chicago’s “Back to Our Future” program focuses on re-engaging students through community support, while Washington State now provides free meals to 70% of public school students.
Recent developments also highlight a growing focus on student well-being in post secondary education. A study released in October by George Mason University revealed a significant increase in mental health concerns among university students while 38% of higher education administrators expect that the widespread adoption of AI will have a negative effect on student mental health. This focus has resulting in the growth of the 'mental health and wellness' EdTech category with solutions such as GuardMe are offering virtual counseling and wellness resources and their partnership with Points for School launched last week plans to alleviate financial burdens to access these resources. Similarly, Kaplan International's recent acquisition of The Student Grief Network earlier this year provides specialized support for grieving students.
HolonIQ's market maps segments the solutions operating in the student health and wellness category and provides real-time information on this and hundreds of other markets. To learn more, customers can check out the list of organizations on our platform. If you’d like a demo, click here!
💪 Power Moves
🤝 AWS partnered with the Malaysian Ministry of Education for AI upskilling. A unit in the Education Ministry is now an AWS Authorized Training Partner and aims to provide cloud and AI training to 140,000 students in 36 polytechnics and 105 community colleges.
🦾 Egypt to adopt AI into core curriculum. The government declared AI and programming to be included in its secondary education core curriculum and intends to release a new AI-powered learning platform.
🤖 Google announced a $15M initiative to enhance AI skills, research, and digital infrastructure in the Middle East and North Africa (MENA).
💰 Deals of the Week
💻 Leeds Equity Partners, a private equity firm, acquired Archer Review, a medical test prep firm, and formed a new healthcare education platform.
🤖 Buddy.ai, an AI tutoring platform, secured $11M to boost AI tutoring for kids, tackling global education gaps.
📖 Oboe, a AI-enabled, personal learning provider, raised $4M to finance the development of its platform and services.
👶 Potentia, a PE firm, acquired Storypark, a New Zealand-based early childhood communication platform.
Thank you for reading. Have a great week ahead!
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