Israeli start-up seeks to bring ‘co-learning’ to London after £5.5M boost
EdTech company Jolt is looking to being its 'classes' to the capital following a major funding injection
An Israeli start-up specialising in education technology has set its sights on London after securing millions of pounds in funding from investors.
Jolt, which has already launched in the United States, offers ‘co-learning classes’ via the Jolt app on subjects such as technology and business, with the company operating a system of “micro campuses” for face-to-face learning.
After raising £5.5m ($7 m) from venture capitalists it is now aiming to open its first micro campus – aka Jolt Room – by Liverpool Street Station early next year.
Users pay through a monthly gym-type membership programme and learn in groups of 14, using the company’s video-conferencing technology. Many sessions are in Hebrew, with class subjects such as digital strategies, writing content for websites and “customer journey mapping”.
Eyal Rabinovich, an early-stage investor at Octopus Ventures, said: “We’re delighted to be supporting Jolt as it brings its campuses to London and look forward to the continued success of the business.”
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