Perlego

Perlego, an education technology platform, has secured a $20m fundraising round led by Sir Terry Leahy, the former CEO of Tesco.

Summary of transaction details:

• Value: $20m
• Sector: Education Technology
• Advisor: Not disclosed
• Key Entities: Perlego, Sir Terry Leahy, ITHAKA
• Location: International

Note: The investment in Perlego represents a significant vote of confidence in the company's potential to reshape the educational landscape, and is expected to drive meaningful change in education and AI more broadly.