Winter Capital has expanded its edtech portfolio by joining Udemy Series F investment round alongside Learn Capital and other marquee investors.
The round closing was finalised in Q4 of 2020. Udemy is the largest global marketplace for learning and teaching online. The capital raised will enable the company to continue growing its consumer and business product offerings to serve the world’s students, organizations, and instructors.
Education technology (edtech) is one of the key investment verticals for Winter Capital. Other notable investments include a significant interest in SkyEng, one of Europe’s largest online education platforms. Earlier this year, Winter Capital Partners took part in series A round of Algorithmics, an international school of mathematics and programming. Winter Capital Partners funds plan to continue investing in the global education market, which is projected to grow rapidly from its current estimated size of USD10 trillion.