IRVINE, CALIFORNIA, UNITED STATES, December 8, 2020 EINPresswire
Elite Super Tutor Evaluates Growing EdTech Space || “The space rapidly snowballs into a behemoth, and not one that merely caters to the school-aged student.”— Matt Larriva, founder of Powerful Prep — A curious trend in VC has gone surprisingly unnoticed. China was on par to overtake the United States in VC valuations until late 2019, when Chinese VC backed deals sharply contracted due to risk-off sentiment. The strong-returning Chinese investments are made in familiar areas, but an emerging industry has recently been attracting a greater portion. It’s called EdTech, focused on integrating education and technology, and as of 2018, China has the lion’s share of investments in the space. […]
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