Tootfinder

Tracxn: global edtech funding fell from $16.7B in 2021 to $2.6B in 2025, while the number of startups launched dropped from 10,491 in 2021 to just 645 in 2025 (Ananya Bhattacharya/Rest of World)
https://restofworld.org/2026/edtech-funding-collapse-k12-startups…

The global edtech boom is fading as investors look elsewhere
Venture capital is moving away from K-12 edtech worldwide as investors prioritize AI tools and workforce training with clearer returns.

Indian edtech startup upGrad plans to acquire rival Unacademy in an all-stock deal; Unacademy was valued at less than $500M in 2025, down from $3.5B in 2021 (Jagmeet Singh/TechCrunch)
https://techcrunch.com/2026/03/15/unac

Unacademy to be acquired by upGrad in share-swap deal as India’s edtech sector consolidates | TechCrunch
The deal comes after Unacademy’s valuation plunged from $3.5B to under $500M, as India’s once-booming edtech sector struggles.

Anybody in the fediverse representing EdTechNZ? They're just emailed me about their 'rebranding' to show that they're more 'open'. They don't explain what they mean by 'open', however, I've never seen anything I would identify as even vaguely open about them. From what I can see, they're a lobby group promoting proprietary education tech.

Edtech firm Instructure has reached an agreement with cybercrime group #shinyhunters which hacked its Canvas learning platform.
Extortion-as-a-service continues to pay dividends.
Tough decision but paying up keeps the tap running.

Canvas owner reaches deal with ShinyHunters after global data breach
American edtech firm Instructure says it has reached an agreement with the cybercrime group ShinyHunters, which hacked its Canvas learning platform in the middle of ...

London-based Gizmo, which uses AI to turn young students' notes into gamified study materials, raised a $22M Series A led by Shine Capital and reports 13M users (Natalie Breymeyer/Axios)
https://www.axios.com/pro/all-deals/2026/04/15/ai-edtech-learning-gi…

Exclusive: AI learning platform Gizmo raises $22M Series A
The London-based company gamifies studying.

'The Biggest Student Data Privacy Disaster in History': Canvas Hack Shows the Danger of Centralized EdTech https://www.404media.co/the-biggest-student-data-privacy-disaster-in-history-canvas-hack-shows-the-dan…

Instructure reported a data breach on April 30; ShinyHunters added Instructure to its victims list and claims it has 3.65TB of data from ~9K institutions (Ionut Arghire/SecurityWeek)
https://www.securityweek.com/edtech-firm-instructure-discloses-data-breach/

Edtech Firm Instructure Discloses Data Breach Amid Hacker Leak Threats
Edtech company Instructure says names, email addresses, ID numbers, and messages were stolen in a cyberattack.

London-based edtech startup Multiverse raised $70M at a $2.1B valuation from Index and others as it pushes into AI training; it acquired StackFuel in January (Kieran Smith/Financial Times)
https://www.ft.com/content/ec5764f0-b783-48ac-9f16-a0ecb9da9636

Instructure disables its Canvas edtech platform, used by thousands of schools and universities, amid a data extortion attack claimed by ShinyHunters (Brian Krebs/Krebs on Security)
https://krebsonsecurity.com/2026/05/canvas-breach-disrupts-schools-coll…

Beverly Hills-based Subject, whose streaming-style, on-demand platform provides digital curriculum and learning insights for grades 6-12, raised $28M (Natalie Breymeyer/Axios)
https://www.axios.com/pro/all-deals/2026/02/24/subject-venture-ed-tech-vistara…

Exclusive: Subject raises $28M to expand AI curriculum platform
AI education platform raises $28M as edtech sector stabilizes