This Week in Edtech with Ben Kornell, 3/18/22

Topics This Week:

1. NSVF and Others Receive Funding from MacKenzie Scott for General Operating

   • Here’s Who MacKenzie Scott Donated To So Far In February

   • MacKenzie Scott Makes Historic Gift to NewSchools Venture Fund

2. Edtech Metrics and Skepticism

   • Edtech Companies Must Place Learning Ahead of Revenue and Engagement

   • Who is the Theranos of Education?

   • Edtech firm Zovio (ZVO) fined $22 million for false advertising, misleading students

3. Amazon expands Career Choice

   • Amazon’s Employees Can Go to College, Free. What’s in It for Higher Ed?

   • Amazon Partners With 140 Colleges And Universities To Expand Free Tuition Program

4. Funding, M&A

   • Byju’s founder backs startup in $800 million funding at $22 billion valuation

   • Medway raises $15 million Series A from Softbank and seven other funds 

   • Edtech startup FourthRev raises $11.2 million Series A to bridge the digital skills gap

   • From coding school to career acceleration platform, Italy’s Epicode strives for expansion with €10 million

   • Chipper Raises $5.6M to Eliminate Student Loan Debt and Combat the Latinx Funding Gap

   • Course Hero scoops up Scribbr for subject-specific study help

   • Classplus set to score $80 Mn in Series D round

   • Cialfo extends series B to $60m, Tiger Global leads $20 mn fund raise in edtech firm Cialfo

Guest: Ryan Stewart - Secretary of Education @ New Mexico Public Education Department