Japan-based GSV Acceleration – an offshoot of EduLab – is creating its own US-based fund to invest in new edtech innovations. The fund could provide up to $40m for early-stage deals, bringing yet more Asian finance to a US sector increasingly in the crosshairs of the region's investors. EduLab has backed three US-based edtech venture funds in the past three years: LearnLaunch, Fresco Capital and EduLab Capital Partners.
Japan-based EduLab Capital Partners – an offshoot of EduLab – is creating its own US-based fund to invest in new edtech innovations. The fund could provide up to $40m for early-stage deals, bringing yet more Asian finance to a US sector increasingly in the crosshairs of the region's investors. EduLab has backed three US-based edtech venture funds in the past three years: LearnLaunch, Fresco Capital and GSV Acceleration.