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

INSUBCONTINENT EXCLUSIVE:
Pearson, the British education conglomerate, has set aside $50 million to participate in Series A and Series B financings for education
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
emerging technologies changing the future of education, Pearson Ventures will back up to five companies per year over the next three years
dictate terms
Pearson Ventures will instead only co-invest alongside experienced institutional investors.Henkel adds that Pearson Ventures will not
In addition to providing capital, it will connect its portfolio companies with its in-house experts in content, product design, business
development and market expansion