We strongly recommend you stop using this browser until this problem is corrected. The latest version of the Opera browser sends multiple invalid requests to our servers for every page you visit.The most common causes of this issue are: Given that so much of the funding we’re seeing lately skews early-stage, however, it will likely take a few years to gauge how well those visions translate into reality.Your IP address has been temporarily blocked due to a large number of HTTP requests. So is the idea of offering some useful tools to teachers, members of a notoriously overworked and underpaid profession. Could AI help turn the sector’s fortunes around?Ĭertainly the vision of artificial intelligence delivering personalized learning affordably at scale is compelling. Potential exacerbating issues include high-profile disappointments in the edtech unicorn crowd, including India education giant Byju’s, and some reversal of the pandemic-driven boost in online learning. While overall global venture funding is down as well, education has been a bit harder-hit than most other sectors. The number of large, later-stage edtech financing rounds, meanwhile, has cratered. Per Crunchbase data, venture investment to the overall edtech space over the first seven months of this year was down more than 60% from the same period in 2022. Edtech funding remains restrainedĪI-focused funding rounds come amid a restrained period for overall edtech venture investment. The Stamford, Connecticut-based company snagged a $6 million Series A round last year. On this front, Copyleaks offers detection tools to determine if an assignment was written by an AI bot as well as checks for plagiarism. Startups also want to make it easier to detect plagiarism and identify AI-generated content. In July, Brazilian startup Teachy landed $1.6 million for what it describes as “a platform that doubles teachers time through artificial intelligence.” Startups are also rolling out tools aimed at easing or automating some of the more time-consuming aspects of teachers’ jobs, such as lesson planning.Īlong these lines, MagicSchool AI, out of Denver, picked up $2.4 million in seed funding last month for a platform it says can reduce teachers’ work several hours each week by helping with lesson plans, writing assessments and other tasks. She said usage of the platform has roughly doubled annually for the past several years. “We’re not replacing teachers, but we’re offering a solution that just didn’t exist before,” co-founder and CEO Vu Van told Crunchbase News, adding that with AI, students can receive instruction tailored to their specific pain points in learning to pronounce words or use correct speech. The San Francisco-based company operates an AI-enabled language learning platform that focuses on English pronunciation training and accent reduction. Meanwhile, another personalized education startup, Elsa, picked up $23 million in a Series C round last week, bringing total funding to $60 million. Looking ahead, Adams sees potential for AI-enabled personalization in other areas as well, noting that “kids learn best with one-on-one-learning.” And while not everyone can have a personal tutor for every lesson, tech options are much more scalable. With software that can understand the nuances in pitch and pronunciation typical of childrens’ speech, they’re able to offer something that comes closer to rivaling one-on-one instruction with a parent or teacher. Just this month, for instance, San Francisco-based Ello, an AI startup that helps children learn to read, picked up $15 million in Series A funding.Įllo co-founders Elizabeth Adams and Tom Sayer said the company’s core offering - a platform where children practice reading books aloud and receive helpful feedback - was possible due to recent advancements in voice recognition technology.
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