Pearson is committing $50M to fund next-gen edtech startups
https://techcrunch.com/2019/04/10/pearson-is-committing-50m-to-fund-next-gen-edtech-startups/
Pearson, the British education conglomerate, has set aside $50 million to participate in Series A and Series B financings for education startups, including boot camps, next-gen assessment and credentialing platforms, learning tools and augmented reality technology.
“Because education will look very different in 2030, Pearson, like learners all over the world, will need to continue to learn, adapt and reinvent itself: finding new business models, incorporating emerging technologies into its products and services, and finding new ways to collaborate with education institutions, government, and businesses,” the company wrote in a statement announcing Pearson Ventures.