The education space is fast changing and becoming a key investment area. Venture Capital firms are continuously looking for opportunities to invest into EdTech companies and companies directly involved in school going education.
Edsurge has tracked $1.6 Billion invested into EdTech for the first half of 2015. These figures are tracking deals from around the worldwide but it is our opinion that this doesn’t include all the deals that are happening in Africa.
In South Africa alone we can see Curro Holdings fast tracking buying of schools to the point that they tried to do a hostile bid of ADvTECH (which we have now heard has not moved forward), the Milpark acquisition for $25.6 last year, Open Learning Holdings bringing in a few new EdTech companies into its stable and then there are all the smaller startup deals that are happening on a monthly basis.
Combine the trend of education investment with the trend of international Venture Capitalists looking for investments into developing economies and it makes edTech in Africa a really exciting space.
Let us know if you are starting a new EdTech business or have recently sold an EdTech business, raised funding etc.