French investment group Educapital has launched a €45m ($53m) fund aimed at investing in 15 European and Israeli K12 corporate edtech companies. The fund, which will be managed by the Paris-based firm EEDC, is backed by an initial €50m from Education Capital and another €50m, to come from other investors, according to its website.
French investment group Educapital has launched a €45m ($53m) fund aimed at investing in 15 European and Israeli K12 corporate edtech companies. Educapital's leaders, Marie-Christine Levet and Litzie Maarek, said the fund would be modelled on US equivalents Learn Capital and Rethink Education.