B2B SaaS
Q2 202420.05.2024

Edtech

Picture of Federico Scolari

Federico Scolari

at Sifted

Among other fast-growing sectors, edtech arguably moved the swiftest into Europe’s post-pandemic digital sphere. Between needs and regulations, along a widespread inclination for people to both learn and educate, only time stood in the way of tech-first ventures filling gaps in the market.

For large enterprises, it meant offering scalable services to more employees at a reduced price, balancing must-have tailored programmes and budget-bound benefits. For startups, it was a matter of shipping and selling products as fast as possible, given slim gaps for competitive differentiation. For the wider market, the interaction between the two created thousands of hours of content, large communities and hundreds of jobs between coaches and peer-to-peer professionals.

But it hasn’t been a completely smooth ride. Edtech funding has fallen at an average pace of 44% year-on-year since 2021 heights, with no megarounds recorded in more than 20 months. The first few PMF-stage companies, including GoStudent and Coachub, have somewhat hit the brakes after receiving large cash injections, but the early funding stages have maintained healthy, sustainable dynamics — Sifted tracked 42 early-stage deals so far in 2024.

Now, AI — itself a diligent student — has brought seemingly infinite possibilities to the boardroom. On one hand, it can leverage large amounts of training data to maximise personalisation; on the other, it will need to shake hands with humans, who are intrinsically bound to remain focal. Whether the student will become the master, that’s to be seen, but it’s likely that machines and humans will coexist for greater outcomes.

20 startups to watch

  • Junto logo

    Sifted score

    8.09
    -

    Junto

    • Strong investor(s)
    • Serial founder(s)
    • Hiring
    • Year founded

      2022

    • HQ

      Berlin, Germany

    • Latest round

      Seed
      5m / Aug 2022

    • Total funding

      6.2m

  • Sdui logo

    Sifted score

    8.04
    -

    Sdui

    • Strong investor(s)
    • Serial founder(s)
    • Hiring
    • Year founded

      2018

    • HQ

      Koblenz, Germany

    • Latest round

      Series A
      18m / Feb 2023

    • Total funding

      25m

  • Pixaera logo

    Sifted score

    7.93
    -

    Pixaera

    Virtual reality training for hazardous tasks.

    • Strong investor(s)
    • Serial founder(s)
    • Hiring
    • Year founded

      2020

    • HQ

      London, United Kingdom

    • Latest round

      Seed
      5.7m / Oct 2022

    • Total funding

      5.7m

  • Knoma logo

    Sifted score

    7.83
    -

    Knoma

    • Strong investor(s)
    • Serial founder(s)
    • Year founded

      2019

    • HQ

      London, United Kingdom

    • Latest round

      Seed
      3.7m / Sep 2022

    • Total funding

      5.2m

  • Neol logo

    Sifted score

    7.77
    -

    Neol

    • Strong investor(s)
    • Serial founder(s)
    • Hiring
    • Year founded

      2022

    • HQ

      London, United Kingdom

    • Latest round

      Seed
      4.7m / Jun 2022

    • Total funding

      4.7m

Related Briefings

Related articles

The top junior VCs to watch in Europe, according to partners

August 7, 2026

The top junior VCs to watch in Europe, according to partners

Manal Belaouane of HV Capital
By Anne Sraders

Pro

Meet the 30+ venture scouts A16z has hunting for deals across Europe

August 7, 2026

Meet the 30+ venture scouts A16z has hunting for deals across Europe

By Maya Dharampal-Hornby

Pro

'We are more constrained by capacity than ideas': Why Lendable is chasing the superapp dream
FintechInterview

August 7, 2026

'We are more constrained by capacity than ideas': Why Lendable is chasing the superapp dream

Lenable cofounder and CEO Martin Kissinger
By Damisola Sulaiman

Pro

QMUL spinouts looking to raise
Spinouts fundraising

August 7, 2026

QMUL spinouts looking to raise

Sifted breaks down grant-stage to Series A spinouts from the university that are courting investors

By Oshin Narang

Pro

Inside Pleo's culture crisis: Executive exodus, unhappy staff and sale speculation
FintechInvestigations

August 7, 2026

Inside Pleo's culture crisis: Executive exodus, unhappy staff and sale speculation

Pleo cofounders Jeppe Rindom and Niccolo Perra.
By Damisola Sulaiman

Pro

UK expands talent visa to more than 100 companies

August 6, 2026

UK expands talent visa to more than 100 companies

Notably absent from the list are the country’s latest cohort of AI labs

By Freya Pratty
Europe’s 50 most active equity investors in H1 2026
Venture capitalMost active investors

August 6, 2026

Europe’s 50 most active equity investors in H1 2026

Europe’s 50 most active equity investors in H1 2026
By Federico Scolari and Oshin Narang

Pro

7 spots to meet founders and VCs in Paris

August 6, 2026

7 spots to meet founders and VCs in Paris

The bars, cafes, campuses and communities where the who’s who of French tech gathers regularly

By Daphné Leprince-Ringuet
Yann LeCun joins new VC firm

August 5, 2026

Yann LeCun joins new VC firm

This comes less than a month after the ‘AI godfather’ launched and quit Extelligence Invest

By Maya Dharampal-Hornby
Exclusive: Legaltech Wordsmith raises $14m Series B extension from Index, FT Ventures
LegaltechExclusive

August 5, 2026

Exclusive: Legaltech Wordsmith raises $14m Series B extension from Index, FT Ventures

By Maya Dharampal-Hornby

Pro

Sweaty, insane, cracked: Decoding the language of founder praise
Startup lifeAnalysis

August 5, 2026

Sweaty, insane, cracked: Decoding the language of founder praise

cracked
By Éanna Kelly and Martin Coulter
Nik Storonsky in talks over new share deal for $500bn Revolut valuation

August 5, 2026

Nik Storonsky in talks over new share deal for $500bn Revolut valuation

By Damisola Sulaiman
‘We need the bravery to change the process’: How AI is impacting physical environments

August 5, 2026

‘We need the bravery to change the process’: How AI is impacting physical environments

‘We need the bravery to change the process’: How AI is impacting physical environments
Sponsored by Nebius
Fintech startup Moss crowned Europe’s newest unicorn with €30m Series C
FintechExclusive

August 5, 2026

Fintech startup Moss crowned Europe’s newest unicorn with €30m Series C

By Damisola Sulaiman

Pro

After a decade of turning down VCs, Oxylabs hits $3.6bn valuation: 'Right timing, right partner'
DataInterview

August 5, 2026

After a decade of turning down VCs, Oxylabs hits $3.6bn valuation: 'Right timing, right partner'

Inside Oxylabs' office
By Jonathan Sinclair

Pro

The 144 new funds this year and what they reveal about Europe's investment market
FundingSifted data

August 5, 2026

The 144 new funds this year and what they reveal about Europe's investment market

Earlybird team
By Ruggero Di Spigna

Pro

A16z backs HappyRobot at $1.2bn valuation

August 4, 2026

A16z backs HappyRobot at $1.2bn valuation

The startup helps enterprises build, deploy and manage AI agents across complex workflows

By Maya Dharampal-Hornby
EU’s €5bn tech superfund officially open for business

August 4, 2026

EU’s €5bn tech superfund officially open for business

The Scaleup Europe Fund, run by EQT, will be making its first investments in the coming weeks

By Anne Sraders
Exclusive: Nscale to provide compute to Oxford, UCL and Imperial AI researchers
Exclusive

August 4, 2026

Exclusive: Nscale to provide compute to Oxford, UCL and Imperial AI researchers

By Freya Pratty

Pro

Bending Spoons strikes $2.25bn Airtable deal in first acquisition since IPO

August 4, 2026

Bending Spoons strikes $2.25bn Airtable deal in first acquisition since IPO

By Martin Coulter
Nik Storonsky faces lawsuit over €350m superyacht

August 4, 2026

Nik Storonsky faces lawsuit over €350m superyacht

Broker claims Revolut’s founder skirted paying commission

By Damisola Sulaiman
How to build secure and user-friendly AI: ‘If data sits in a silo, it only sees part of the picture’

August 4, 2026

How to build secure and user-friendly AI: ‘If data sits in a silo, it only sees part of the picture’

How to build secure and user-friendly AI: ‘If data sits in a silo, it only sees part of the picture’
Sponsored by Box
12 investors who recently became founders

August 4, 2026

12 investors who recently became founders

A growing number of investors are walking away from the cap table to launch their own startups

By Oshin Narang

Pro

Exclusive: Zurich-based Exclaim Robotics comes out of stealth, raises $4.95m
RoboticsExclusive

August 4, 2026

Exclusive: Zurich-based Exclaim Robotics comes out of stealth, raises $4.95m

By Éanna Kelly

Pro