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Home World Regional News Europe

UK’s Virtual Internships gets €14.3 Million in a Series A round of funding

Femi Thomas by Femi Thomas
09/26/2022
in Europe
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Virtual Internships UK

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London-based Virtual Internships, a remote-first edtech company, announced that it has secured $14.3M in a Series A round of funding led by Hambro Perks.

Other investors, including Sequoia India and Southeast Asia’s Surge, Arsenal Growth, Kaplan, Ascend Vietnam Ventures, and STIC Investments, also participated.

The UK company says the latest capital will help it to scale its education platform further as demand for remote work and learning continues to grow. Virtual Internship also intends to expand its operation internationally as well.

Founded by Daniel Nivern and Ed Holroyd Pearce in 2018, Virtual Internships provides intelligent matches between students and companies, access to real internships at the world’s most exciting companies, and trains students before and during their internship.

The platform works with universities, governments, foundations, and corporations to provide students, graduates, or employees with solutions to employability options.

Currently, the UK company offers programs across all industries in more than 100 countries, creating opportunities for more than 250 million higher-education students.

The company allows interns to work with a wide range of companies, from startups to blue chips, with programs ranging from one to four months.

 

Read more on Tech Gist Africa:

UK’s Cledara raises $20M

UK-based health tech startup, PsycApps raises €1.7M

UK’s Oxwash bags €11.7M 

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