1. World-class universities
London is home to four of the top 50 universities and together with its vibrant tech ecosystem it’s the perfect place for edtech companies to set up and grow. One of these universities, University College London, provides an edtech focused masters programme called Education and Technology MA.
2. A buzzing ecosystem
London has a thriving ecosystem of more than 500 edtech startups, powering innovations using technology to change the way people learn. Startups like Satchel, Firefly and Lingumi are great examples of businesses scaling in the capital. This ecosystem also provides easy access to incubators that specialise in edtech, such as Founders Factory, Entrepreneur First, UCL Educate and Educate Accelerator.
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3. Access to capital
London is home to many VC firms that specialise in edtech, making it easy for startups to access early-stage funding. Emerge Education and IBIS Capital are big VC players in the London edtech ecosystem. London-based edtech companies attracted £101.5m funding in 2019 across 38 deals.
4. Room for opportunities
The UK edtech sector could be worth £3.4bn by 2021, with investment climbing by 91% from 2018 to 2019. BESA, the British Educational Suppliers Association, works to support new and emerging companies in Britain in the education sector, with its Launchpad designed to support with training and research opportunities.
London is a rich historic centre for education excellence which Quizlet could build upon as the company advances to multiple territories.Rahim Hirji
UK Country Manager, Quizlet Inc.