We’ve observed rapid digitisation of services ever since the coronavirus pandemic commenced. Alongside work, education is one of the sectors that was deeply impacted. However, thanks to digitisation, students can attend online classes from the safety of their homes. There’s no doubt that the new solutions pose some novel challenges but as per a new report by Dealroom, the edtech sector is offering notable solutions with the UK leading the sector in Europe.
London bags 3rd spot in the global EdTech top 10 list
It comes as a surprise that London is the only European tech hub that bagged a spot on Dealroom’s EdTech top 10 list. But it is due to the fact that Europe’s only EdTech unicorn, Learning Technology Group, is London based. Furthermore, London ranks third in the list in terms of deal count, after San Francisco and New York. The city has also attracted over €635.8M in investment, which is 70% of all UK EdTech investment since 2014, the report states.