The pandemic has increased the demand for edtech startups globally and impacted the future of learning. As a result, e-learning has become the new normal and investors understand the sector’s potential. Munich-based StudySmarter is one such edtech startup that is taking advantage of the trend.
In a recent development, the company announced that it has raised an additional $16M (approx €13.78M) in its Series A round from Goodwater Capital. StudySmarter raised $15M in its Series A round just five months ago in May.