European EdTech Raised over €62 Million in Q4 2016

The European EdTech Market ended the year on another high with 26 startups raising over €62 million from over 50 investors in the fourth quarter.

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Deals have been spread quite evenly across the three months. La French EdTech took the lionshare in the fourth quarter, raising over €35 million across seven rounds. UK EdTech came back after a slow year, raising nearly £13 million across seven rounds. Germany, Denmark and Sweden had three rounds each.

The strongest vertical in Q4 was K-12 with 8 startups raising a total of over €18 million, followed by Higher Education with seven rounds and a total of over €12 million.

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