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London-based Startup Has Raised £500,000 to Grow its Digital Education Platform

Edtech startup BibliU has raised £500,000 as part of a Series A extension funding round, supported by Angel Investment Network (AIN), the world’s largest online angel investment platform.

Due to the pandemic, our world has changed drastically in the past few months, forcing education providers to use digital services to meet students' necessities. Those needs may come as a result of remote learning or accessibility.

BibliU is a digital education platform that provides students with digital access to their textbooks and libraries across all their devices. The startup endeavors to deliver its class-leading content platform to more universities in the United States.

The campaign funding round, an addition to its £6.5m Series A, was in response to a surge in demand due to COVID 19. Completed in eight weeks, the funds will be used for new technical hires to support demand from Universities. 

The startup is scaling rapidly with 60+ new pilots across the globe. 

Founded in 2014, the company now has over 100 university customers including Oxford, Imperial, University of Phoenix, and Coventry University. The company has digitized content from more than 2,000 publishers including Pearson, McGraw-Hill, Oxford University Press. The content is licensed directly to universities, who can then provide access to students and include the costs in their existing tuition fees. 

David Sherwood, CEO and co-founder of BibliU stated: "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.” 

 According to Sam Louis from Angel Investment Network, who led the raise: "EdTech is a tough area to gain real traction and I think what BibliU has stood apart from many of the others which is why we've seen such great uptake from investors."

Get the BibliU application in Google Play and Apple Store.

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