🚀 K12 Career and Life Ready + 2024 Global Student Flows: US Outlook + East Asia EdTech 150

Happy Monday 👋

Schools aim to prepare students to be life ready: for work, further their education, and for civic participation. Despite recognizing this challenge, focusing on digital capabilities in this dimension often plays a secondary priority to digital math and literacy education. HolonIQ's K12 Career and Life Ready Market Map explores the landscape, with solutions that aim to bridge this gap. This week, we also revisit 150 of East Asia's most promising EdTech startups.

This Week's Topics

🚀 K12 Career and Life Ready. Exploring digital solutions for K12 Life Ready
📊 Chart Spotlight. US apprenticeship completion at an all-time high
🌐 2024 Global Student Flows: US Outlook. Catch up with our latest webinar and download the report containing insights about student flows in the US
🏆 East Asia 150. The most promising EdTech startups in the region
🍎 Back to School Summit. September 10-11 in New York City
📖 Annual Education Outlook. 180+ pages of trends, insight, and data
💰 Education Deals of the Week. Funding and M&A

Don't forget to check out the 2024 Global Education Outlook and sign up for our new Daily Newsletters, Chart of the Day, and Impact Capital Markets. For unlimited access to over one million charts, request a demo.

🚀 K12 Career and Life Ready

Life-ready digital capabilities aim to provide relevant and applicable experiences for students, including developing work-ready skills, preparing learners to continue education, preparing for careers, and becoming civic-ready. Schools are leveraging digital tools to cultivate these essential life skills, expand educational and career opportunities, and enhance social mobility. These digital resources focus on practical skill development like financial literacy and problem-solving, facilitate access to post-secondary education, and promote career exploration and networking, fostering connections crucial for future success.

HolonIQ's K12 Global Network Survey 2023 reported that roughly 43% of K12 organizations and 50% of EdTech firms believe that preparing learners to be life-ready is one of the biggest challenges. Despite recognizing the challenge, two-thirds of K12 institutions rated improving life-ready digital capabilities as their lowest priority. With the complexities of adopting digital solutions, HolonIQ's K12 Career and Life Ready market map helps unpack the latest in this dynamic market.

🚀 K12 Career and Life Ready - Market Map

📊 Charts Spotlight - US Apprenticeship Completion at an All-Time High

Subscribe to HolonIQ's 'Chart of the Day,' a daily newsletter that helps explain the global impact economy, from climate tech to education and healthcare.

As college costs soar, apprenticeship programs in the US are gaining traction as a viable pathway for individuals seeking to enter the workforce or switch careers. Employers, facing a growing disparity between required skills and available talent, are embracing apprenticeships to fill crucial skill gaps. With heightened competition for jobs, more people are opting for apprenticeship programs, drawn by their increasing popularity and proven success rates, with over 92% of apprentices retaining employment after completion of programs. This trend underscores the rising importance of apprenticeships in addressing the skills gap, benefiting job seekers and employers, and promoting economic resilience.

🏫 2024 Global Student Flows: US Outlook

Expect the United States to attract nearly 1.5M international students by 2030, retaining a strong hold on its position as the top study destination globally. With a co-ordinated national strategy, the U.S. has upside potential for an additional 300K students. However, capacity constraints and the potential for a change in visa policy, cast a shadow over what should represent nearly $100B in direct economic benefit for the United States at the turn of the decade.

Catch up with HolonIQ's recent webinar, as HolonIQ unpacks its latest research and data on international student flows to the US, including recent performance, US State-level deep dive, competition, source market outlook, 2030 projections & scenarios, and disruptive factors. The full 2024 Global Student Flows: US Outlook report is here.

🏆 East Asia EdTech 150

Each year, HolonIQ identifies the 1000 most promising EdTech startups globally. Region by region, we build a picture of each market and how technology is used in education, from PreK to Lifelong Upskilling. This week, we are revisiting the 150 most promising EdTech startups in East Asia.

A couple of cohort members stood out with their latest actions in the EdTech space. Zouyebang (a Chinese online tutoring platform) announced a possible IPO in the US, potentially valued at $100M. Mathpresso (a South Korean AI-based learning platform) launched its first US-targeted product, a tool that assists with college students' exam preparation.

🎓 AI & the Future of EdTech, London, 19 June

Join us for an executive roundtable on the role of AI in education and the future of education technology as part of London EdTech Week. We'll review HolonIQ's 6th annual survey on AI in Education and share exclusive research on AI. We'll also dive into how AI shapes the Europe EdTech 200, HolonIQ's annual list of Europe's most promising EdTech startups. Almost Full - Register Now.

🍎 Back to School Summit 10-11 Sept NYC

Registration for our flagship Back to School Summit in New York on September 10–11 is now open. This year, we're bringing over 500 global education leaders together for three incredible tracks: Higher Education and Workforce, Foundation and Philanthropy, and Technology and Finance.

📖 2024 Global Education Outlook

HolonIQ's annual analysis of the global education economy offers over 180 pages of in-depth insights on market data, investments, strategic shifts, and trends in education. Download the extract or purchase the full report.

💰 Education Deals of the Week

HolonIQ actively monitors and tracks capital flow in the Education market, spanning across all regions and transaction categories. Subscribe to our Daily Capital Markets newsletter to see the top deals daily.

Funding

🧑‍🏫 Zen Educate, an online marketplace for substitute teachers, secured $37M in a Series B funding round. The funds will fuel the company's expansion, including international acquisitions.

🙎 Praktika, a language learning app powered by GenAI avatars, raised $35.5M in a Series A funding round for growth and to expand its offerings.

📱 Lola Panda, an EdTech company offering PreK and early education learning games, received funding from Gorilla Capital to invest in new language markets and develop new games.

📝 SuperKalam, an AI-driven mentorship platform for competitive exam prep, closed a $2M Seed funding round.

M&A

🧑‍🎓 SIG, a higher education IT services provider, acquired RHB Global, a higher education consulting firm.

Thank you for reading. Have a great week ahead!
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