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 Capital on the Frontier Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Frontier Finance Best Practices Geographies
Slack Agent of Impact 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
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe Log In

Publisher Pearson launches $50 million education and workforce skills tech venture fund

ImpactAlpha, April 17 – There has been a surge of education companies raising money for their solutions to re-skilling and up-skilling tomorrow’s workforce. Coding bootcamps in particular have been luring investors.  

British education publisher Pearson is upping its game with a three-year, $50 million early-stage venture investing initiative called Pearson Ventures. The strategy is an extension of the publisher’s $20 million affordable learning fund, which launched in 2012 and returned $7 million to the company. Pearson Ventures will invest in startups focusing on lifelong learning, education tech, and democratizing access to skills and education.

“Education will look different in the future, so finding new business models, incorporating emerging technologies into our products and seeking new partners for collaboration is becoming more important than ever,” Pearson’s Jonathan Chocqueel-Mangan wrote on LinkedIn.

The company recently partnered with Unreasonable Group on a workforce-focused startup accelerator. Pearson’s decision to expand its venture investing arm comes amid a challenging time for Pearson’s K-12 publishing business, EdWeek Market Brief reports.

You might also like...