SoftBank Vision Fund 2 led the Series A round to support domestic expansion and team growth.
"We are delighted to partner with SoftBank as we scale in the UK and internationally. They’re a natural partner due to their ambition and their commitment to edtech in Europe and globally. Our mission is to provide all children wherever they are and whatever their background with an affordable, high-quality education. We are doing this by combining exceptional teacher-made content with industry defining technology. This investment will allow us to bring the very best people to the UK’s fastest growing edtech company."
The workplace learning platform has raised a Series A round led by Beringea with backing from several new and existing investors.
"An increasingly competitive hiring market and the rise of the ‘great resignation’ mean employers worldwide are concerned about how they recruit and retain top talent."
"Our vision is a community where school pathways and future career choices for all young people are equally valued and respected. With the support of the Development Bank and our syndicate of business angels, we can now reach out to so many more youngsters initially across the UK, and then abroad; helping them to grow into capable, healthy, well-rounded individuals who can become ambitious, resourceful and successful adults."
The pre-seed investment was completed across two tranches to support the scale of the company's bootcamp model.
"At Ufi, we continue to be enthused by the unique learner proposition at CAPSLOCK, enabling learners to access skills needed for work in high demand sectors in the UK, such as Cyber Security, whilst removing the upfront financial barriers to training, through their innovative Income Share Agreement model."
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