BibliU raises £8.1m in Series A funding led by Nesta and Guinness to support remote learning
The Series A round was led by Nesta Impact Investments and Guinness Asset Management to support remote learning initiatives.
BibliU provides digital learning platforms for higher education institutions. The company aims to make educational content more accessible and affordable for students.
London based digital learning platform BibliU has secured £8.1m in Series A funding to expand remote learning capabilities in the UK and the US. The investment round was led by Nesta Impact Investments, with participation from Guinness Asset Management, Stonehage Fleming, and ClearlySo. The capital will support team expansion and the ongoing development of institutional delivery tools.
The company works with over 40% of universities in the United Kingdom, including Oxford and Imperial, alongside more than 2,000 publishers. This latest financing follows previous backing from Oxford Sciences Innovation, bringing the company's total venture capital raised to date to $15m.
From the founder
"As a student at Oxford and the University of Western Australia, I would’ve loved to have had access to this content online for free. That’s why I founded BibliU and I’m proud to say we’ve addressed that for hundreds of thousands of students at our partner universities. We’re investing in our team and continuing to develop our institutional delivery tools. I’m also thrilled to have Sean Devine joining our board as Chairman, his experience as CEO and President of CourseSmart and Safari Books Online brings invaluable industry experience to our team."
Dave Sherwood
Co-Founder and CEO at BibliU
Investor perspective
"Now more than ever before, education institutions have the opportunity to harness technology to deliver new ways of learning. Nesta is delighted to be investing in BibliU, to support equal access to course materials for all students."
Lisa Barclay
Executive Director of Investments, Nesta Impact Investments
Use of funds
- 01Grow the team
- 02Continue product development
