Category Archives: Education

Maker Faire halts operations and lays off all staff

Financial troubles have forced Maker Media, the company behind crafting publication MAKE: magazine as well as the science and art festival Maker Faire, to lay off its entire staff of 22 and pause all operations. TechCrunch was tipped off to Maker Media’s unfortunate situation which was then confirmed by the company’s founder and CEO Dale Dougherty. For 15 years, MAKE: guided adults and children through step-by-step do-it-yourself crafting and science projects, and it was central to the maker movement. Since 2006, Maker Faire’s 200 owned and licensed […]

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Which public US universities graduate the most funded founders?

Joanna Glasner Contributor More posts by this contributor Big revenues, huge valuations and major losses: charting the era of the unicorn IPO Some reassuring data for those worried unicorns are wrecking the Bay Area A lot of students attend public universities to lessen the financial burden of higher education. At last tally, tuition and fees at American public colleges and universities averaged around $6,800 a year, per the federal government. That’s far below the $32,600 mean price tag for private, nonprofit institutions. Yet when it comes to public universities, […]

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MIT and US Air Force team up to launch AI accelerator

The Pentagon is one of the largest technology customers in the world, purchasing everything from F-35 planes (roughly $90 million each) to cloud services (the JEDI contract was $10 billion). Despite outlaying hundreds of billions of dollars for acquisitions though, the Defense Department has struggled to push nascent technologies from startups through its punishing procurement process. The department launched the Defense Innovation Unit a few years back as a way to connect startups into the defense world. Now, the military has decided to work even earlier to […]

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India’s edtech startup CollegeDekho raises $8 million to connect students with colleges

Indian edtech startup CollegeDekho, which helps students connect with prospective colleges and keep track of exams, has raised $8 million in Series B round. The new financing round for the four-year-old Gurgaon-based startup was led by its parent company Girnarsoft Education and London-based private equity investor Man Capital, which also participated in the startup’s Series A round last year. Ruchir Arora, founder and CEO of CollegeDekho told TechCrunch in an interview that the startup will use the capital to expand its presence in more schools and also […]

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FutureLearn takes $65M from Seek Group for 50% stake in UK online degree platform

Edtech and recruitment continue to converge. London-based online degree platform, FutureLearn, is taking £50 million (~$64.6M) from Australian-based online job matching group, Seek, in exchange for a 50 per cent stake in the business — just days after the same group led a massive Series E in U.S. online learning giant Coursera. U.K. distance learning veteran, the Open University — which had wholly owned the FutureLearn platform up til now — retains a 50 per cent stake in the business following the Seek Group investment. In a […]

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Labster scores $21M Series B to bring VR to STEM education

Labster, the Denmark-headquartered startup building virtual laboratory simulations for STEM students, has raised $21 million in Series B funding. Leading the round is Owl Ventures, with participation from Balderton Capital, Northzone and Swisscom Ventures. Previous backers Nordic Makers, David Helgason, EduCapital and Entangled Group also followed on, bringing the total raised by the company to date to $35 million. Launched back in 2013, Labster provides interactive laboratory simulations powered by VR for students that wish to explore lab experiments in biology, chemistry, physics, engineering and general sciences. […]

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How-to video maker Jumprope launches to leapfrog YouTube

Sick of pausing and rewinding YouTube tutorials to replay that tricky part? Jumprope is a new instructional social network offering a powerful how-to video slideshow creation tool. Jumprope helps people make step-by-step guides to cooking, beauty, crafts, parenting and more using voice-overed looping GIFs for each phase. And creators can export their whole lesson for sharing on Instagram, YouTube, or wherever. Jumprope officially launches its iOS app today with plenty of how-tos for making chocolate chip bars, Easter eggs, flower boxes, or fierce eyebrows. “By switching from […]

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Pearson is committing $50M to fund next-gen edtech startups

Pearson, the British education conglomerate, has set aside $50 million to participate in Series A and Series B financings for education startups, including boot camps, next-gen assessment and credentialing platforms, learning tools and augmented reality technology. “Because education will look very different in 2030, Pearson, like learners all over the world, will need to continue to learn, adapt and reinvent itself: finding new business models, incorporating emerging technologies into its products and services, and finding new ways to collaborate with education institutions, government, and businesses,” the company […]

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Human rights activist Amira Yahyaoui is battling the US college financial aid system

Tunisian human rights activist Amira Yahyaoui couldn’t go to college. Not because she couldn’t afford it; where she comes from, college is virtually free. She lost the opportunity to pursue higher education, to finish high school, even, when she was exiled from Tunisia at age 17, under the repressive regime of the country’s former President, Zine El Abidine Ben Ali. As part of the Tunisian human rights diaspora, she was inspired to build Al Bawsala, a globally renowned NGO that fights for government accountability, transparency and access […]

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OpenClassrooms partners with Microsoft on a masters-level AI diploma

French startup OpenClassrooms is announcing a new partnership for a masters-level online program. Students who enroll in this program will access a fully online program about artificial intelligence. Eventually, future graduates will join companies — Microsoft will likely hire some of them. If you aren’t familiar with OpenClassrooms, the company first started with basic massive open online course content for people willing to learn more about a particular topic. The startup then started offering full-fledged diplomas that require six months, a year or more. OpenClassrooms is accredited […]

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