BibliU raises £500k from Angel Investment Network for technical hiring
The London-based edtech startup secured the Series A extension to support growing university demand.
BibliU provides digital learning platforms for higher education institutions. The company aims to make educational content more accessible and affordable for students.
London-based educational technology firm BibliU has secured £500k in a Series A extension round backed by Angel Investment Network. The capital will be deployed towards technical recruitment to manage increased demand from universities navigating remote learning shifts.
The raise follows a £6.5m Series A funding round completed previously by the business. BibliU currently works with over 100 university clients and partners with thousands of publishers to license digital content directly to academic institutions.
From the founder
"BibliU has seen rapid growth across the globe over the last few months, and we believe COVID has pulled the transition to digital learning forward by at least 5 years. We have always existed to assist universities with this transition, by providing an unmatched student experience in a cost-effective way. BibliU is the perfect intersection for universities that are looking to create a seamless distance-learning experience, and do so in a way that introduces operational efficiencies to their workflows. We’re thrilled that AIN was able to assist us in this rapid extension to our Series A, and are excited to see where this round takes us."
David Sherwood
CEO and co-founder at BibliU
Investor perspective
"BibliU sits at a fantastic intersection of traditional learning structures and digital evolution. The business has broad reaching applications, a strong business model and most importantly, it delivers real value to its users. EdTech is a tough area to gain real traction and I think what BibliU has stands apart from many of the others which is why we’ve seen such great uptake from investors. The COVID lockdowns have now accelerated adoption of digital learning and hopefully this will lead the way for more sustained growth in the EdTEch space and of BibliU."
Sam Louis
Director, Angel Investment Network
Use of funds
- 01Grow the team
