According to the latest report from Brighteye Ventures and dealroom.co, “Thereʼs huge untapped potential in education: Education is roughly a $6.5T market, of which only less than 4% is digitized. The sector is vastly underfunded in comparison to other sectors of similar size, like health.” The October 2022 report, “The Evolution of Edtech: Activity in Private and Public Markets,” was released by London-based Brighteye, one of the most active edtech-focused venture capital funds in Europe, and Amsterdam-based Dealroom, one of the foremost data providers of startup and early stage and growth company ecosystems in Europe and worldwide. “Edtech remains an enormous, underinvested opportunity,” according to the report. While the report acknowledges that 2022 started of with “a high degree of uncertainty” for edtech companies, that “periods of enormous growth don’t continue forever,” and that global VC activity is down 37% in H1 2022 compared to the same period last year—private companies are still growing, up 13% since the end of 2021. The report explores exciting niches that hold promise to make learning more effective, affordable and accessible for learners of all ages. Learn more.
By: Victor Rivero