ImpactAlpha, April 25 – Bay Area-based education venture capital firm Learn Capital has launched a $25 million fund for tech startups focusing on early childhood development. The fund, called LearnStart, has raised $4 million in anchor funding from Gary Community Investments and ZOMA Foundation, ImpactAlpha has learned.
LearnStart will invest in companies focused on physical, social-emotional, cognitive and motor development for children under eight years old. Learn Capital says its goal for the fund is to fill a gap in seed funding, mentorship and coaching for early childhood development startups.
Learn Capital has been investing in the edtech sector since 2008. Its broader portfolio includes 70 companies, including African tech training company Andela, which raised a $100 million funding round in January and income-based computer science educator Make School, which closed $15 million in equity funding earlier this month.
Caprock served as advisor and structuring partner for LearnStart’s anchor funding.