The EdTech Episode #7
Greetings from a wintry Sydney.
The last few weeks have provided a window into the state of the EdTech sector – new accelerators being launched, further evolution of the employee training and informal learning markets, and relatively large rounds closing in France, India, China, Saudi Arabia, and Colombia.
The pace of change within the EdTech sector remains staggering, but with growth comes increased scrutiny, shining a light on inevitable challenges that companies like AltSchool face as they try to scale in a fragmented, challenging sector like Education.
I think Alex Spiro from Brighteye Ventures said it best - “I hope that reporting like this doesn't give other investors pause for investing in the sector which is ripe with opportunity.”
Sadly, this is my last newsletter as the Head of Navitas Ventures - I have made the difficult decision to leave Navitas and my final day is on the 19th of July. I joined Navitas to work with people around the world who are passionate about advancing education and I am proud of what Navitas Ventures has been able to achieve. I would like to thank everyone who I have had the privilege of working with over the past three and a half years and look forward to staying in touch.
Before I leave I would give the upcoming EdTech Asia Summit a quick plug. Mike and the rest of the team at EdTech Asia always put on a good event, and the agenda that is shaping up for Singapore on the 1st-2nd August looks fantastic.
Head of Navitas Ventures