Deal History
Investor: British Business Bank’s South West Investment Fund (SWIF), Foresight, Maven Capital Partners, Nesta, Blackfinch Ventures
Investor: Maven Capital Partners, Blackfinch Ventures
London-based EdTech startup Third Space Learning has secured £4.4 million in Growth funding. The round was co-led by Maven Capital Partners (via the British Business Bank’s South West Investment Fund) and Blackfinch Ventures, with continued support from existing investors Foresight Group and Nesta. Summary of transaction details: Value: £4.4 million Sector: EdTech / Artificial Intelligence Advisor: Not disclosed Key Entities: Target: Third Space Learning; Investors: Maven Capital Partners, Blackfinch Ventures, British Business Bank, Foresight Group, Nesta; Key Executive: Tom Hooper (Co-founder & CEO) Location: UK / USA Note: Third Space Learning operates at scale, having delivered millions of hours of one-to-one maths tutoring to over 196,000 students across 4,200+ schools. The company will use this £4.4m capital injection to accelerate the commercial rollout of 'Skye', its proprietary spoken AI tutor. Unlike generic AI models, Skye is built upon a decade of operational tutoring data and a $1.9 million research partnership with the Gates Foundation, Stanford, and Cornell University. The funding will allow the company to scale Skye's capabilities into new subjects and languages while rapidly expanding its footprint within UK and US public schools.
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- Company Number
- 08260115
- Status
- Active
- Registered Address
- Ground Floor West, Office G Nexus Business Centre, Darby Close, Swindon, Wiltshire, SN2 2PN, England
- SIC Codes
- 62012 — Business and domestic software development85600
- Persons with Significant Control
- Foresight Ventures Vct Plcvoting rights 25 to 50 percentMr Thomas Edward Huntly Hooperownership of shares 75 to 100 percent
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