Education - Issue #138 - A Record Year amid a Pandemic

Edtech startups in the U.S. raised $2.2 billion in venture capital and private equity in 2002, a 30% increase over 2019 and a record high for any single year. While the pandemic surely contributed to the increase, it also reflects a continuation of a trend in recent years. More than half of the money went to companies in the Bay Area, with New York a distant second.

The COVID-19 pandemic has shown us that we can no longer rely on traditional forms of schooling. It is increasingly likely that in the future of learning, technology could diversify the means to support students. Adaptive systems could be an opportunity to support self-led learning as well as other forms of learning (making it more accessible, impactful, and engaging).