Remote-first university Tomorrow’s Education shapes the next generation of changemakers
At the start of 2022 Mediahuis led a €3.4 million funding round in the German start-up and remote-first university Tomorrow’s Education.
Through the online Tomorrow University of Applied Sciences from Tomorrow’s Education, students can develop their skills in sustainability, entrepreneurship and technology. Tomorrow University of Applied Sciences takes a revolutionary approach, offering a unique, hands-on, flexible and globally accessible learning experience with the aim of making students career-ready and shaping them into changemakers: conscious entrepreneurs who create technological solutions for a more sustainable future.
Since 2021, Tomorrow’s Education has partnered with the WU Executive Academy based in Vienna, which is ranked 34 in the Financial Times’ most recent global list of business schools. This allows Tomorrow University of Applied Sciences to offer students a diverse programme of undergraduate and graduate courses in sustainability, entrepreneurship and technology.
Perlego: online textbook subscription service
Perlego is the world’s largest online subscription service for textbooks. Mediahuis Ventures led the Series B funding round totalling €47.3 million in 2022.
Perlego aims to make education more affordable by giving university students unlimited access to educational content and study aids. Students’ outcomes are closely linked to the access they have to textbooks and course materials.
The cost of textbooks has been significantly increasing for decades. More and more students are no longer buying books and are instead turning to the second-hand market or illegal downloading. More than a billion publications are illegally downloaded every year, reducing educational publishers’ revenues and threatening their business.
Perlego is the only online learning platform that brings together the majority of global textbook publishers in a convenient and affordable all-you-can-read subscription model. Students no longer need to buy individual books that are only partially used, or only used once. Instead they have user-friendly, affordable access to the entire library of learning resources. Perlego also helps publishers by helping them to reach students at a price that works for both parties.
Perlego’s online library contains more than 800,000 books in six languages, from 5,000 of the top publishers of educational texts. That makes it by far the largest subscription library in the world.
HiPeople increases the quality and efficiency of recruitment
In October, Mediahuis Ventures invested in the Berlin-based start-up HiPeople. The investment round led by Mediahuis Ventures totalled €2.6 million. This was Mediahuis’ first investment in the HR technology market.
HiPeople automatically collects, analyses and visualises all the important information about potential candidates in a single platform, creating a uniform user experience for both recruiters and candidates.
HiPeople enables recruiters worldwide to go beyond the usual CV and obtain in-depth pre-employment information such as assessments of candidates based on their skills, personality and cultural fit, as well as data such as reference checks. The start-up’s hiring intelligence platform makes on average three times more data on potential candidates available, improving by up to 50% the time needed to find and then hire the right candidate.
Mather Economics opens European head office
In December, Mather Economics opened a European head office in Antwerp. Mather has experienced significant growth in Europe in recent years and, with the opening of this new office, is strengthening its growth plans. Founded in 2002, the US-based company develops analytical tools to help companies better understand their customers’ behaviour. In 2020, Mather entered a strategic partnership with Mediahuis, which today is the majority shareholder.