Covid-19 has created huge challenges for learning, and EdTech is stepping up with solutions. EdTech is a global growth sector, with investment on track to grow by 15% in 2020. With world-renowned educational institutions and a leading tech sector, the UK and London lead European EdTech. For London Tech Week, we look at global EdTech trends from a London perspective, in partnership with London & Partners.
Download the complete 20-page report on EdTech
EdTech is a growth sector
Global EdTech investment is on track to grow by 15% to $7.6 billion in 2020. EdTech mega-rounds are becoming a common occurrence. UK EdTech investment has grown 4.4x since 2014. London is the leading EdTech hub in Europe, featuring as the only European city in the global EdTech top 10 by investment. In terms of deal count, London ranks third, after San Francisco and New York, suggesting that with a relatively early-stage EdTech sector, the biggest growth for London EdTech still lies ahead.
London is home to Europe’s only EdTech unicorn, Learning Technologies Group, while also hosting many rising stars working right across the educational lifecycle.
Euan Blair, CEO and co-founder of WhiteHat, facilitating modern apprenticeships, said:”For many people having structured learning alongside their jobs, and the support of a community of apprentices, has been vital during lockdown. It’s one of the reasons we’ve continued to grow, both our own headcount, and the number of apprentices and employers we work with.”
The full report on Global EdTech trends from a London perspective, explores capital investment in EdTech since 2014, investment in European EdTech by source of capital, a breakdown of the EdTech landscape over the learning lifecycle, case studies with London EdTechs Edume, VRtuoso and Whitehat, and comparison of leading global EdTech hubs.