Amid EdTech boom, Knowledgehook raises $20 million Series A
Kitchener-Waterloo-based Knowledgehook, which has developed an artificial intelligence-based EdTech platform aimed to improve math education in school districts, has raised a $20 million Series A round of financing. However, Knowledgehook said in a statement the lead was a London-based EdTech investment fund. Other participants in the Series A round included Mesoamerica’s Alexandria Corp., Nelson Education, Ideal Ventures, and Nicoya Ventures. Knowledgehook, designed to empower educators, is this next generation of EdTech.”Knowledgehook’s technology uses data to track where each student is in the progress of learning math. The demand for EdTech solutions has also risen sharply amid the pandemic.