This week’s featured startup
Edtch is an online learning management system that enables small and medium-sized teams to rapidly create interactive and engaging training courses for their employees and customers. (Konstantin Andreev, Founder)
Data Dive
Burning Glass looked at major employers and ranks them by % share of payroll working in occupations likely to be disrupted by AI. The results are eye-opening, especially for the Financial Services industry. (Frank Steemers)
Investment
CampusAI Raises $10M in Pre-Seed Funding. The Warsaw-based startup is dedicated to professionals from various fields who wish to use AI in a professional and ethical manner.
Startup accelerator LogicBoost Labs announced a seed investment in RemoteBridge, an immersive 3D platform helping HR and TA leaders build and connect remote teams.
HoneyBook Commits $500K to Launch First-Ever Breakthrough Grant for Emerging Independent Businesses (Yahoo! Finance) – Designed to help early-stage marketing and creative consultants scale, the grant will welcome 10 business owners into its first cohort.
$60M Climate Workforce Investment To Support Training, Job Creation In 9 States (Allwork) – California, along with eight other U.S. states and territories, will receive part of a $60 million federal investment to build a climate-ready workforce.
Introducing the Talent x Opportunity Grant Program (Andreessen Horowitz) – The Initiative’s mission is to support entrepreneurs who possess the talent, drive, and unique cultural ideas to build successful businesses — but lack the networks and resources to do so.
Microsoft targets AI skills gap with new training program and grant challenge (MSN) – The initiative from Microsoft Philanthropies is part of the company’s larger effort to address a technical skills gap in the broader workforce and economy.
Hochul provides funding for specialized autism workforce (Spectrum News) – New York governer announces that the state will provide $3 million for a center to support autistic children with workforce training to reach their full potential.
Events
AI and Academic integrity: Navigating an ethical path for student learning (June 20) – Discussing AI’s impact on post-secondary education and the student experience, as well as what the future holds for higher education, academic integrity, and AI.
Propel Your EdTech Venture (June 21) – University of Pennsylvania, Graduate School of Education: learn how to deploy innovative solutions to tackle critical challenges.
EDUCAUSE Annual Conference: Emerging Tech Experience (apply by July 31) – For emerging tech startups working on core issues in higher education: engage with decision-makers, develop strategic connections, receive feedback on your products, and build awareness of your company.
In the news
Spotlight on Techstars Spring 2024 Class (Techstars) – This amazing group from the Techstars Spring 2024 class comes from a wide variety of industries, geographies, and backgrounds, including a +11% increase in companies focused on the future of work.
The Future of Work And Financial Planning: Can Neobanks Help Adapt to the Gig Economy? (FinExtra) – Digital financial institutions called neobanks offer a suite of features specifically designed to address the financial challenges gig workers face.
Freelance Hiring by Advertising Agencies Increases by 40%, Reveals Worksome Data (Yahoo! Finance) – As employee headcounts stabilize, this increase in freelance hiring signals and underscores the shift towards flexible talent and the need for quick access to specialized skills.”
“I will be shattered if another billion dollars comes to education startups” (Money Control) – Upgrad founder Ronnie Screwvala maintains that the K-12 sector has attracted disproportionate attention, while upskilling is more valuable.
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