Global Trends in EdTech

September 16, 2020

Dealroom and London & Partners release the global trends in EdTech

Dealroom and London & Partners release a  report identifying the major trends in EdTech.  

The Global Trends in EdTech report identifies the impact that coronavirus is having on transforming learning.  This includes the following:

  • EdTech companies are helping universities and schools develop solutions
  • EdTech products are helping make remote learning possible
  • London is a key EdTech hub only surpassed by New York and San Francisco in terms of deals
  • The estimated value of the London EdTech market is $3.4 bn
  • EdTech is a growing globally
  • The UK receives 39% of the investment in EdTech in Europe
  • Europe’s only EdTech unicorn is based is London: Learning Technologies Group

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Growth in Global EdTech in 2020

Top rounds in 2020

Yuanfudao:  Live lessons and tutoring

Zuoyebang:  Online study platform

Byju’s:  Online tuition

Coursera: Free online university courses

Campuslogic: Financial management platform

Unacademy: Learning platform

Vedantu: Online tuition

Masterclass: Educational video platform

Top 10 Most Funded London EdTech Companies

Kano: Computer and coding kit manufacturer

MACAT: Provides analysis of books and papers

Fuse Universal: Corporate training solution

Pi-Top: A platform for STEM Education

Memrise: Portal for language learning

Simpleshow: Tool to convert complicated concepts into diagrams

Whitehat: A tech startup helping young people obtain apprenticeships

MyTutorWeb: Online tutoring platform

Busuu: Language learning portal

Perlego: eBook online library

Whilst the report focuses on Europe and in particular London, the dominance of China and the US in terms of venture capital investment is still clear.  

“ The coronavirus pandemic has accelerated the global adoption of EdTech platforms as schools, universities and employers embrace online learning. London’s EdTech companies are well-placed to meet this increased demand and today’s new research, released to coincide with London Tech Week 2020, shows London is leading the way in Europe for EdTech and is quickly becoming a major global hub. ” Laura Citron, CEO, London & Partners