Nordic EdTech News #58 : 2022-01-24
Your Weeks 2 and 3 update from the Nordic & Baltic EdTech ecosystem
Things have returned to a slightly more normal pace for today’s newsletter, although there’s still lots happening across the Nordic and Baltic EdTech ecosystem!
NEN #57 identified a number of significant acquisitions and consolidations in recent weeks - that trend seems set to continue in 2022. Firstly, Kognity Group (Stockholm, Sweden) has acquired UK-based Elite IB Tutors (Link). The acquisition doubles the tutoring capacity of subsidiary Lanterna Education as the business plans significant growth in 2022 to deliver over 100,000 tutoring sessions and increase revenues to over $6 million. Also worth noting that Munio, the Norwegian LMS and elearning content provider, has been acquired by EcoOnline. (Link)
Given their scope and size, updates from Egmont, the Nordic media giant, should always be carefully monitored. The owners of L&R Uddannelse in Denmark and Cappelen Damm in Norway recently announced their business strategy until 2025 (Link). Entitled “Scale Up & Stand Out”, it aims to increase group revenues to DKK 20 billion (EUR 2.7 billion) in 2025 from DKK 11.5 billion (EUR 1.5 billion) in 2020. An investment of DKK 50 billion in content is also planned in the same period. One to watch in the coming months.
Great to see 8 Nordic and Baltic EdTechs included in GSV Cup Elite 200 - a list of the top pre-seed and seed stage startups in digital learning globally. They are Astrid, Atlas Primer, Beedle, Kide Science, Matteappen / Magma Math, Mussila, Panda Training and Peaqs. Full list here
Stort tillykke to CanopyLAB CEO, Sahra-Josephine Hjorth, who has been selected to participate in this year’s Obama Foundation’s Leaders Europe programme (Link). Congrats also to Finland’s GraphoGame who came third at the GESAwards global final (Link).
In addition to celebrating these achievements, do take the time to check out those of the members of the Nordic EdTech Forum, N8. Broken down into Baltics and Nordics, these two articles provide further evidence of a hugely successful 2021 across the ecosystem.
Educators from Estonia, Finland, Norway and Lithuania summarised their experience of dealing with online and distance learning during Covid on a recent iHub4Schools webinar (Link). Great to see educators from our region held up as examples of international best practice!
On the subject of supporting educators to deliver online learning, do check out the exciting new brand look and vision for Academic Software. I’ve worked with the great team here for the last 12 months and they’ve got a unique positioning / proposition that gives students and staff easy access to the software and digital assets they need. Further details here.
Don’t miss this week’s launch of the Brighteye Ventures European Edtech Funding Report 2021. This definitive annual publication will be launched online (with a great panel) on Thursday 27th January between 14:00 and 15:00 GMT. Sign up here now! Also look out for the new VC crash course by email from David Guérin, Principal at Brighteye Ventures. Full details and classic 1980s references here.
Finally, Emerge Education’s latest growth seminar (Wed 9th Feb) with Jamie Brooker, co-founder of Kahoot!, looks really useful for early-stage EdTech founders. It’s focused on how to achieve organic viral growth via viral loops, habits and evangelists. (Link)
As always, do let me know if you’ve got any feedback or a story to include in a future issue of this newsletter by emailing firstname.lastname@example.org. Sharing this email with your network is also always much appreciated!
Best regards, Jonathan
News from Denmark
Helsingør Municipality continues to argue that they cannot “do without Google” in schools despite recent data breaches. (Link)
News from Estonia
News from Finland
News from Iceland
Detailed review of the 2021 Icelandic funding landscape for startups and VCs. (Link)
Great to see the 3 Icelandic EdTechs (AtlasPrimer, Beedel and Mussila) in the GSV Elite 200 getting national press coverage. (Link)
News from Latvia
News from Lithuania
EdTech Lithuania and members held a meeting at the Lithuanian Parliament to advance the EdTech agenda nationally. Featuring a special guest appearance from Märt Aro, Chair of N8. (Video and pics here)
News from Norway
Increasing push-back against digitization in schools. (Link)
Norway’s colleges and universities return to face-to-face teaching as a new NIFU report finds that the lack of digital skills is an issue for both staff and students. (Link)
The University of Stavanger launches a “Computer and video game guide for teachers” to support those who want to use them in lessons. (Link)
News from Sweden
Astrid Education has been picked as a finalist in the Octava Social Innovation Challenge. (Link)
Thanks for reading this newsletter. If you think that your colleagues and wider network would find it useful, please share it with them!