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This week, we sat down with Jonathan Finkelstein, CEO of Credly, which was acquired by Pearson this week for $200m, and with Rhys Spence, lead author of the recent Europe Edtech Funding Report 2022.

HEADLINES:

1. COVID beat
 Interesting linkedin post by a teacher caught our eye. There was also a series of articles on Edsurge and elsewhere about life as a COVID principal, pandemic brain science, and student mental health.  Big theme of ‘no way to go back’ .

2. Project Kitty Hawk takes off

UNC’s $97M Plan to Reach Adult Online Learnershopes to become an alternative to traditional OPM providers and a way to create 120 online programs over the next years,. 

3. New data shows Gen Z prefers alt pathways for higher ed

A Survey of American high schoolers found that:

• 45% prefer programs they can complete in two years or less—a significant shift from pre-pandemic levels. 
• Nearly 70% want on-the-job training like apprenticeships and internships during their college experience.
• 86% of those surveyed say they feel pressure—from parents, teachers, and society at large—to pursue that specific pathway, even if it’s not the right choice for them

4. Funding Rounds

• Spain-based Domestika, an online platform for creatives, received a $100m round at a $1.3b valuation, becoming the latest Edtech Unicorn.
• Fourthrev, a UK-based career accelerator program, announced an $8m Series A.
• Singapore-based college application platform Cialfo received a $40m funding round.
• Indian Upskilling platform Scaler Academy received a $55 million funding round
• Indian edtech Wise raised $5m
• Arabic “​​EdTech platform Playbook announces that it has closed pre-seed funding with $700,000. 

Post-Recording Updates:

• Studytube acquires Springest & closes $30m series B
• GoStudent acquires Seneca Learning & Tus Media Group