LETA Capital

English Language Learning Market to Reach $69.62 Billion by 2029 - Market Sizes, Shares, Forecasts, and Trends Analysis Report with COVID-19 Impact by Meticulous Research®

Retrieved on: 
Tuesday, October 4, 2022

However, the dearth of trained professionals to teach English is a major challenge for the players operating in this market.

Key Points: 
  • However, the dearth of trained professionals to teach English is a major challenge for the players operating in this market.
  • Additionally, artificial intelligence (AI) & robot technology and e-learningare the major global English language learning market trends.
  • Based on methodology, in 2022,the blended learning segment is expected to account for the largest share of the English language learning market.
  • Quick Buy English Language Learning Market - Global Opportunity Analysis And Industry Forecast (2022-2029), Research Report: https://www.meticulousresearch.com/Checkout/33769776
    Based on learning mode, in 2022, the tutoring segment is expected to account for the largest share of the English language learning market.

English Language Learning Market to Reach $69.62 Billion by 2029 - Market Sizes, Shares, Forecasts, and Trends Analysis Report with COVID-19 Impact by Meticulous Research®

Retrieved on: 
Tuesday, October 4, 2022

However, the dearth of trained professionals to teach English is a major challenge for the players operating in this market.

Key Points: 
  • However, the dearth of trained professionals to teach English is a major challenge for the players operating in this market.
  • Additionally, artificial intelligence (AI) & robot technology and e-learningare the major global English language learning market trends.
  • Based on methodology, in 2022,the blended learning segment is expected to account for the largest share of the English language learning market.
  • Quick Buy English Language Learning Market - Global Opportunity Analysis And Industry Forecast (2022-2029), Research Report: https://www.meticulousresearch.com/Checkout/33769776
    Based on learning mode, in 2022, the tutoring segment is expected to account for the largest share of the English language learning market.

VK announces the sale of MY.GAMES

Retrieved on: 
Tuesday, September 27, 2022

VK Company Limited (LSE, MOEX: VKCO), hereinafter referred to as "the Company" and together with its subsidiaries VK or "the Group"), announces the sale of MY.GAMES to Aleksander Chachava, Managing partner of LETA Capital.

Key Points: 
  • VK Company Limited (LSE, MOEX: VKCO), hereinafter referred to as "the Company" and together with its subsidiaries VK or "the Group"), announces the sale of MY.GAMES to Aleksander Chachava, Managing partner of LETA Capital.
  • VK announces the completion of a multi-stage selection procedure of a buyer of its gaming division with the sale of 100% of MY.GAMES to Aleksander Chachava, Managing partner of LETA Capital.
  • Vladimir Nikolskiy, the co-founder of MY.GAMES, will leave VK to continue to develop MY.GAMES.
  • VK will continue to develop its own gaming services under the VK Play brand.

Prodly Raises $10 Million to Accelerate Its Market-Leading DevOps for Low-Code Apps

Retrieved on: 
Thursday, October 21, 2021

Prodly also announced plans to expand its next-generation DevOps solutions to additional low code cloud platforms.

Key Points: 
  • Prodly also announced plans to expand its next-generation DevOps solutions to additional low code cloud platforms.
  • With the new capital Prodly is looking to expand its DevOps solutions beyond Salesforce to additional low-code platforms.
  • Low-code business platforms have fundamentally changed who configures and maintains business applications, but traditional DevOps tools have not evolved to support these citizen developers.
  • Prodly enables Salesforce teams to increase productivity 65-80% while reducing risk up to 30% by putting next-generation DevOps into the hands of admins and citizen developers.

Novakid Raises $35M in Series B to Support Expansion Into New Markets

Retrieved on: 
Thursday, August 5, 2021

SAN FRANCISCO, Aug. 5, 2021 /PRNewswire/ -- Novakid, an online language learning platform that provides personalized English learning for kids ages 4-12 through artificial intelligence (AI) and gamification, announces a $35 million Series B round led by Owl Ventures and Goodwater Capital.

Key Points: 
  • Judy Park of Owl Ventures commented, "Novakid provides kids with a fun, engaging and effective English learning experience.
  • We're impressed with the team's passion for democratizing language education and its ability to penetrate a variety of markets across Europe and beyond.
  • We're incredibly excited to partner with the team to continue supporting product innovation and market expansion to serve kids around the world."
  • The current investment and support of Owl and Goodwater will further solidify the company's leading position in online PreK-12 English education in the European and MENA markets."

Novakid Raises $35M in Series B to Support Expansion Into New Markets

Retrieved on: 
Thursday, August 5, 2021

Judy Park of Owl Ventures commented, "Novakid provides kids with a fun, engaging and effective English learning experience.

Key Points: 
  • Judy Park of Owl Ventures commented, "Novakid provides kids with a fun, engaging and effective English learning experience.
  • We're impressed with the team's passion for democratizing language education and its ability to penetrate a variety of markets across Europe and beyond.
  • We're incredibly excited to partner with the team to continue supporting product innovation and market expansion to serve kids around the world."
  • The current investment and support of Owl and Goodwater will further solidify the company's leading position in online PreK-12 English education in the European and MENA markets."

Novakid Raises $4.25M in Series A Financing to Reinvent Online ESL Learning for Kids

Retrieved on: 
Thursday, December 3, 2020

Both seed investors - BonAngels and LETA Capital - took part in this round.

Key Points: 
  • Both seed investors - BonAngels and LETA Capital - took part in this round.
  • "Novakid is reinventing English learning for kids in countries where English is not a primary spoken language.
  • Its online learning platform is a more attractive product to digitally-native generation of kids, while keeping them and their parents safe," comments Don Burton, Managing and Founding Partner at LearnStart.
  • Novakid is an online ESL learning IT-platform offering individual lessons with native speaking certified teachers for children ages 4-12 with AI-assisted data extraction and analysis.

Novakid Raises $4.25M in Series A Financing to Reinvent Online ESL Learning for Kids

Retrieved on: 
Thursday, December 3, 2020

Both seed investors - BonAngels and LETA Capital - took part in this round.

Key Points: 
  • Both seed investors - BonAngels and LETA Capital - took part in this round.
  • "Novakid is reinventing English learning for kids in countries where English is not a primary spoken language.
  • Its online learning platform is a more attractive product to digitally-native generation of kids, while keeping them and their parents safe," comments Don Burton, Managing and Founding Partner at LearnStart.
  • Novakid is an online ESL learning IT-platform offering individual lessons with native speaking certified teachers for children ages 4-12 with AI-assisted data extraction and analysis.

EdTech Startup MyBuddy.ai Raised a Seed Round From LETA Capital to Provide Children With Affordable English as a Foreign Language Tutoring at Home

Retrieved on: 
Tuesday, April 7, 2020

MyBuddy.ai, a virtual spoken English tutor for children, raised a $1 million seed investment from LETA Capital to meet sharp growth in demand for online education.

Key Points: 
  • MyBuddy.ai, a virtual spoken English tutor for children, raised a $1 million seed investment from LETA Capital to meet sharp growth in demand for online education.
  • Buddy is solving one of the biggest problems in English as foreign language education the acute deficit of qualified English teachers.
  • Over 500 million children around the globe are trying to learn English, but can't reach fluency because they lack actual practice speaking the language.
  • Venture capital firm LETA Capital ( https://leta.vc ) invests in breakthrough technologies using a data-driven approach to select the best startups.