The Open University is looking to raise $52m (£40m) 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.
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.