Financing

Chinese Edtech Sees $1.86B in Q1 2019, Bucking Plummeting Venture Trend – Education Article

In China, the edtech industry appears to be immune to the whiplash that has hit venture investing across other sectors. Education investments showed modest growth in the first quarter of 2019, even as venture investing in China in all other sectors dropped sharply. From January through March 2019, 131 China edtech ventures raised more than $1.86 billion (RMB 12.51 billion), according to data compiled by Mission EDU and Jingmeiti. That represents a year-over-year growth of 2.4 percent increase in financing.…

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New Financing for Sustainable Development Report argues “action is needed at all levels” including on education – Education Article

The 2019 Financing for Sustainable Development Report (FSDR) of the Inter-agency Task Force, whose fourth edition was released today, reviews the global financing landscape to make recommendations for governments. It puts special emphasis on the five Sustainable Development Goals under review at the High-Level Political Forum this July, which includes the education goal, SDG 4. Ahead of the Spring Meetings of the World Bank and IMF and the United Nations ECOSOC Forum on Financing for Development, the 2019 FSDR assesses…

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Verizon Surcharge Will Affect Other Education Companies—Not Just Remind – Education Article

A new fee Verizon plans to impose on its business customers has galvanized educators this week to rally around the school messaging service Remind—so much so that the telecoms company agreed to make an exception and waive the impending fee for Remind’s K-12 users. But the surcharge, set to go into effect on Feb. 1, will be passed on to at least a dozen education companies—not just the one getting all the attention. Here’s some background: Verizon has built a…

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