Schools shutdown hastens shift to online learning for some 24 January 2021 - 00:05 By Arthur Goldstuck
The explosion in online teaching during the pandemic has made educational technology one of the big winners in the venture capital industry, with SA’s delay of school opening ensuring that the momentum will continue this year.
More significantly, it has opened a path to the future of education in the country, once the government lives up to its own promises in this regard.
“The genie is out of the bottle, and there s no shoving him back in after the pandemic,” says Robert Paddock, CEO of the Valenture Institute, one of SA’s biggest “edtech” success stories. In September, it secured a $7m (R105m) investment from GSV Ventures, a global venture capital fund known for its early-stage investment in online teaching platform Coursera.