This Week in Edtech with Ben Kornell, 3/18/22

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Topics This Week:

1. NSVF and Others Receive Funding from MacKenzie Scott for General Operating
   • Here’s Who MacKenzie Scott Donated To So Far In February
   • MacKenzie Scott Makes Historic Gift to NewSchools Venture Fund
2. Edtech Metrics and Skepticism
   • Edtech Companies Must Place Learning Ahead of Revenue and Engagement
   • Who is the Theranos of Education?
   • Edtech firm Zovio (ZVO) fined $22 million for false advertising, misleading students
3. Amazon expands Career Choice
   • Amazon’s Employees Can Go to College, Free. What’s in It for Higher Ed?
   • Amazon Partners With 140 Colleges And Universities To Expand Free Tuition Program
4. Funding, M&A
   • Byju’s founder backs startup in $800 million funding at $22 billion valuation
   • Medway raises $15 million Series A from Softbank and seven other funds 
   • Edtech startup FourthRev raises $11.2 million Series A to bridge the digital skills gap
   • From coding school to career acceleration platform, Italy’s Epicode strives for expansion with €10 million
   • Chipper Raises $5.6M to Eliminate Student Loan Debt and Combat the Latinx Funding Gap
   • Course Hero scoops up Scribbr for subject-specific study help
   • Classplus set to score $80 Mn in Series D round
   • Cialfo extends series B to $60m, Tiger Global leads $20 mn fund raise in edtech firm Cialfo

Guest: Ryan Stewart - Secretary of Education @ New Mexico Public Educat