A Race to the Top

Carolyn Dawson, CEO of Founders Forum Group, takes a deep dive into the rapidly evolving EdTech landscape and explains what investors in the space are really looking for.

- CAROLYN DAWSON

The education landscape is witnessing a transformative shift, bringing unprecedented opportunities and challenges. Data from the Founders Forum Future of EdTech Report shows that from 2018-2022, there have been 10,600+ investments totalling over US$62.2 billion ($84.6 billion) in global educational technology (EdTech) startups by VCs. Against this dynamic landscape,the rise of a new wave of EdTech startups is poised to bring innovations that will revolutionise how teaching and learning are delivered.

Despite this potential, only a fraction of education is delivered digitally. Edtech adoption has been contingent on how these technologies can support traditional pedagogies for years. However, with the rise of generative artificial intelligence (AI), personalised learning is now emerging as technology allows educators to tailor educational experiences to individuals. In 2024, we will see meaningful momentum behind EdTech as these advancements gain traction.

Now, the pivotal question arises: What will the future of education look like when supercharged by EdTech? While it is challenging to predict, several trends and indicators provide insights into potential outcomes, many of which fueled our discussions at this year’s Founders Forum Asia.

OPPORTUNITIES IN THE EDTECH SPACE