Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Measure Better Investing in Racial Equity Beyond Aid Beyond Trade-offs Impact en las Americas New Revivalists Women Rising in India Operation Impact
Smarter Money Women Rising 2030 Finance Locavesting Inclusive Economy Regeneration Impact Tech New Power Geographies
Slack Conference Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Industry News Impact Management Good Business Personal Finance Faith and investing Billionaires
Gender Lens Investing Women Rising in India
SDGs Climate Finance Clean Energy Innovative Finance Full Stack Capital Long-termism
Opportunity Zones Investing in place
Entrepreneurship Return on Inclusion Good Jobs Inclusive Fintech Creative economy Housing New Schooled Well Being People on the Move
Conservation Finance Farmer Finance Financing Fish
Blockchain/AI/IoT Urban Tech Food Tech Inclusive Fintech
Human Rights Democracy and Peace News and Information
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States Growth Markets
Subscribe Log In

New Markets Venture Partners raises $68 million to bridge skills gaps

ImpactAlpha, May 22 – New Markets Venture Partners, a Fulton, Maryland, venture firm, raised its second edtech fund from Lumina Foundation, standardized testing company ACT, Strada Education Network, insurance companies, foundations and family offices.

The venture capital firm is looking to make $1 million to $5 million investments in tech ventures bridging equity and skills gaps through digital learning, science learning, data and analytics, and workforce opportunities. New Markets Education Partners II, has already made seven investments from the fund, including science learning retention platform Motimatic and skills matching startup Pairin.

  • First fund… In 2012, New Markets raised $20 million for its first edtech fund and has backed 20 companies serving 19 million students in the past decade.

You might also like...