☀️ Our February Update: New Anonymous Exit Interview
Hello friends,
🏂 We hope you are having a good February so far!
Our European Edtech Funding Report was published just after our last update. The annual look back showed some resilience in the Edtech industry for 2023, with the number of deals done actually higher than in 2022 and more overall investment than in 2020 - before the dizzy heights of 2021 💫. For Europe, in particular, we could see deals done in our part of the world taking a bigger piece of the pie 🥧, 32% of global Edtech deals were done in Europe in 2023 which shows sustained support for the industry in our region. The report also contains some predictions from the team for this year, let’s see what 2024 brings… Thanks 🙏🏻 to all who have downloaded, read, shared, commented and recommended the report ☀️ – full details on how to access the report and Launch Event recording 🎞️ below.
Our update also includes:
Selected News from the Portfolio – Two New Podcasts launched
Insights – Anonymous Exits Episode 2
Events – See you at SXSW EDU in March?
We hope you will enjoy, thanks for your support.
👋🏽 Best,
The Brighteye Team
📣 SELECTED NEWS FROM THE PORTFOLIO
🎧 Two Portfolio Podcast launches
We are proud of how many of our portfolio founders are sharing amazing insights, not least through podcast conversations with inspiring people. The latest to launch new Podcast Series are Lynx Educate and Lifted.
Talent is Everywhere by Lynx Educate
“For people leaders and HR teams who are passionate about education as a magic tool to retain and inspire people.” Two episodes have been published so far, you can listen in and subscribe here.
Peak - The Sustainable Performance Podcast by Lifted
Magnus Liungman and Max van Eijk interview experts, scale-up CEOs and enterprise CEOs on sustainable performance. The first guest is James Hewitt who has the cool title of Performance Scientist; supporting everything from Fortune 500 CEOs and Formula 1 teams. Check it out here!
🔎 INSIGHTS
💶 The European Edtech Funding Report 2024
Since our last newsletter, we have published our annual look at the European Edtech Funding Landscape.
Some of the headlines:
1️⃣ European Edtech slowed, but remained higher than 2020 levels with back-to-back growth in Half Year data
2️⃣ The number of Edtech deals in Europe increased on 2022 levels
3️⃣ The UK maintains top spot in Europe with strong resilience, with only a slight downturn on 2022 levels
4️⃣ 32% of global Edtech deals done in Europe, with particular resilience in early deals
5️⃣ Exits in Edtech primarily in the US, as is the case for the largest deals
📹 And if you’d like to check out the recording from the Launch Event, it is here:
🚪 Our Second Anonymous Exits Interview
We’re excited to introduce our second interview in the Anonymous Exits series, themed: “Exit timing reflects founders’ perspectives on life”. We’ll obviously not share who we’ve spoken to, but can promise a good read full of honest insights on how to think about and execute a successful Edtech Exit.
🔗 Please click on the image 👇🏽 for the full Interview!
🎪 EVENTS
🇺🇸 We’ll be at SXSW EDU 4-7 March
We are gearing up to go to SXSW EDU in Austin this March, as we managed to get two panel proposals picked for the official programme 🔥.
On Monday 4 March, our Founding Partner Ben Wirz will do a presentation on the European Edtech Funding Landscape, titled “Edtech Investment – Is Europe Catching Up?”
Ben is also on a panel on Wednesday 6 March, alongside researchers Professor Natalia I. Kucirkova and Olav Schewe and Curipod Co-Founder Eirik Hernes Berre. They will talk about Edtech evidence on the panel “Decoding Edtech Evidence: Are our kids really learning?”
❓ Who else will be in Austin for SXSW EDU? We’d love to meet!!
🎈 The London Edtech Mixer in January
A quick look back is in place, to share a moment from our London Edtech Mixer during Bett in January. Together with our friends at Owl Ventures, Educapital and Sparkmind VC we hosted 150 people for drinks and Edtech conversations. The feedback has been overwhelming, so our guests seemed to enjoy the evening just as much as we did!