In the second quarter of 2016, investments in European education technology surpassed €45 million coming from over 43 investors across 17 deals.
The average investment size in Q2 in Europe was between €500k to €1.3m with the exceptions of Brainly (€15m), ABA English ($12m), Careerfoundry ($5m) and SAM Labs (£3.2m) securing the highest investments this quarter.
Geographically, UK took the lead with a total of 7 deals, followed by Sweden with 3 and France with 2 edtech investments, according to our research.
In terms of popularity, the K-12 vertical attracted 10 investments, followed by Higher Education and Professional Education with 2 rounds each.
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