The Open University is looking to raise £ 40 m ( $ 52 m ) from new and existing funding for its FutureLearn edtech subsidiary , according to reports by leading news outlets . The uk - based distance - learning company is seeking to compete with emerging rivals , such as Coursera and 2U , by offering short courses and degree - level education through partnerships with traditional universities , like Coventry University and Deakin university , which now have graduate courses on the platform .
The Open University is looking to raise £40m ($52m) from new and existing partners for its FutureLearn edtech subsidiary, according to reports by UK news outlets. The UK-based distance-learning company is seeking to compete with US rivals, such as Coursera and 2U, by combining short courses and degree-level education through partnerships with traditional universities, like Coventry University and Deakin University, which now have graduate courses on the platform.