Third Space Learning

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.