📖 K12 Literacy and Math + South Asia EdTech 100

Happy Monday 👋

Math and literacy are essential for college, STEM careers, and finances. K-12 math is the foundation for lifelong learning and growth, and it is critical for both individuals and society. Register this week for early-bird pricing for HolonIQ's global flagship Back to School Summit in 🇺🇸 New York on 10-11 Sept., as we delve into the key drivers and technologies behind changes to the education market.

This Week's Topics

📖 K12 Literacy and Math. Preparing individuals for lifelong learning and personal growth
📊 Chart Spotlight. COVID-19 caused 4+ Months of learning loss in Math and Literacy
📈 Publishers Index. Increased by 21% over the past 12 months
🏆 South Asia EdTech 100. The most promising EdTech startups in the region
🇺🇸 Back to School Summit in New York. HolonIQ's flagship summit covering the key drivers, trends, and technologies impacting the education market
💰 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 Daily Newsletters, Chart of the Day, and Impact Capital Markets. Request a demo for access to HolonIQ's market intelligence platform.

📖 K12 Literacy and Math

Mathematics and literacy is foundational knowledge for life, from higher education, to STEM careers, or financial management. Digital tools such as educational apps, online platforms, and adaptive learning software enable targeted interventions facilitating remote learning, providing quality education regardless of location. Ultimately, K-12 mathematics prepares individuals for lifelong learning and personal growth, making it indispensable for personal and societal advancement.

HolonIQ’s K12 Math and Literacy Market map organizes solutions into key categories, including Curriculum Providers, Learning Platforms, Mobile Apps, Gamified Learning Platforms, and other organizations that support the development of these foundation skills. Want to learn more about technologies that assist math and literacy learning? Contact us for a demo of the HolonIQ platform.

👨‍🔧 K12 Math - Market Map

📊 Charts Spotlight - COVID-19 caused 4+ Months of Learning Loss in Math and Literacy

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.

During the COVID-19 pandemic, school closures caused significant learning disruptions, prompting the need for additional schooling for students to reach pre-COVID levels.

US students required an additional 4.1 months in reading and 4.5 months in math to catch up, with middle school students facing the largest setback, where 8th graders need an extra 9.1 months in math. Learning gaps widened for marginalized students, with Black and Hispanic students compared to their Asian and White peers. Inadequate infrastructure and planning for online learning environments, coupled with limited professional development on integrating technology into teaching, resulted in suboptimal learning experiences for many students.

To address this learning gap, schools are introducing accelerated learning, providing targeted support for grade-level material, and double-dosing, where students simultaneously attend remedial and grade-level classes. Additionally, schools are expanding after-school programs and summer school for extra learning time, while tutoring offers personalized one-on-one instruction to help students narrow the learning gap and return to their academic trajectory.

📈 Capital Markets - Publishers Index Rises by 21%

HolonIQ tracks hundreds of listed education companies worldwide, as well as acquisitions and investment transactions. Our Impact Capital Markets newsletter tracks over 60 impact stock indices, including climate tech, emerging economies, and over 50 indices tracking healthcare innovation and education technology. Subscribe to Impact Capital Markets for data-driven insights on capital powering impact.

HolonIQ’s Publisher index has experienced a 21% rise over the past year. The industry's recovery from COVID-era challenges, driven by the shift towards digitalization, has increased sales of eBooks and online subscriptions. Firms ' AI adaptations have significantly impacted the index, with investors expressing positive and negative views about these changes. Significant stocks in the index have begun to adapt to the trend to keep up with the market. Pearson ($8B MCap) announced that it will expand its generative AI study tools into their eTextbooks & learning platforms for university students internationally. Informa’s ($14B MCap) stock prices increased after they agreed on a deal with Microsoft to enhance their AI capabilities. Both Pearson & Informa expanded their share buyback programs, which were supported by strong financial performance.

Smaller publishing companies and individual publishers are affected by AI the most, and content creators are increasingly concerned about copyright protection. The integration of AI in Google's search features and Microsoft's Copilot, along with OpenAI, provides direct access to answers instead of redirecting to the content. This trend leads to a decline in paid subscription users, significantly impacting publishing company sales. Given the mixed market sentiment and the rising demand for study materials fueled by advancements in higher education and EdTech, the index is expected to grow, though it may experience volatile movements in the future

🏆 South Asia EdTech 100

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 revisit South Asia's 100 most promising EdTech startups.

Recent developments reported the launch of Dhaka’s first offline exam and experience center by Shiko amid a growing trend where digital players are increasingly building an omni-channel business by opening or partnering for physical learning centres.

🍎 Early Bird Closing Soon - Join us for the Back to School Summit - NYC 10-11 Sept

Registration for our flagship Back to School Summit in New York on September 10–11 is now open. 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 this week for Early Bird pricing.

🇸🇪 Nordic EdTech Summit

Catch HolonIQ at the Nordic EdTech Summit in Sweden this August, where we will launch the 2024 Nordic-Baltic EdTech 50, a list of the most promising EdTech startups in the region.

💰 Education Deals of the Week

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

Funding

👩‍🏫 MagicSchool AI, a Colorado-based AI-based teacher support platform, raised a $15M Series A from Bain Capital Ventures to develop AI in education, expand tools, grow headcount, and enhance products like lesson plans and personalized instruction.

👶 Jeel, a Saudi Arabian educational and entertaining platform for kids, raised a seven-figure seed round from RZM Investments to enhance its leadership in digital content, expand operations, enter new markets, improve its app, and launch an online store.

💬 Fluently, a UK-based language learning app, raised a $2M Seed from SID Venture Partners to enhance the platform, reaching more users and establishing Fluently as a leader in the niche market of near-native English fluency improvement.

💻 Elkheta, an Egyptian EdTech startup, raised a $400K Seed from EdVentures to enhance its platform, improve services, and reach more students.

M&A

💻 Instructure, a Utah-based learning management software company, acquired Scribbles Software, a North Carolina-based company that provides software solutions for K-12 school districts, to bolster it's K12 offering.

🤖 TicTac Group, a Swedish company providing e-learning solutions, acquired Skillhabit, a Swedish AI-driven learning platform.

🧑‍🏫 PepTalkHer, a New York-based coaching platform, acquired Mettacool, a Wisconsin-based E-learning and coaching platform. 

💵 Raptor Technologies, a Texas-based provider of school safety software, acquired PAYK12, an Indiana-based cloud-based education finance management company.

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