EduSpaze Introduces Seven AI & VR Pioneers
As Southeast Asia’s top edtech accelerator, EduSpaze is all set to onboard seven groundbreaking startups that promise to leverage artificial intelligence (AI) and virtual reality (VR) to reform the educational terrain. Singapore and the broader Southeast Asian community are poised to benefit immensely from these tech revolutions.
The names setting the pace this year include uWave, Open Academy, AI Blocks, Zezedu, PrimeSkills, Universitas123, and Turtle Learn. These trailblazers are the privileged seventh batch chosen to partake in the globally-acclaimed EduSpaze accelerator initiative.
Bolstering Startups for Global Dominance
Throughout their tenure in the accelerator programme, each startup can expect to gain from substantial seed funding and invaluable insights from veteran mentors in the edtech space. The goal? Carve their niche, magnetize investors, and scale their solutions to a global audience. “Given the rise in AI, we see new possibilities and growth ahead in an exciting time in edtech with theglobal market primed to be a USD 421 billion industry by 2032. Furthermore, with key players like Google focusing on the ways AI can work in education in their newest search engine upgrades, and tech visionaries from Microsoft showing great enthusiasm about AI’s role in education such as offering feedback for essays and alleviating teachers’ workload, the sector is evolving,” expressed Alex Ng, Managing Director of EduSpaze.
A Legacy of Nurturing Innovators
For those new to EduSpaze, it’s not just another accelerator. It’s Singapore’s pioneer in the edtech acceleration space, a jewel in the crown of seed capital entity, Spaze Ventures. With unwavering backing from Enterprise Singapore, EduSpaze has sculpted its accelerator programme to magnify the capabilities of regional edtech startups. Their alumni, with names like Flying Cape, Noodle Factory, Binar Academy, and myFirst, speak volumes about their legacy.
Their unique approach ensures startups not only receive funding (up to a whopping S$500K) but also myriad collaboration opportunities and the chance to initiate pilot projects, culminating in a robust edtech startup ecosystem.
Reimagining Education Post-Pandemic
The COVID-19 pandemic has reset our perception of conventional schooling, underscoring the relevance of digital platforms. Yet, transitioning to online modes is just the tip of the iceberg. Edtech ventures are now pushing the envelope, transcending the mere digital replication of classroom content. Today, the essence of education is being wholly redefined, spotlighting countless tech opportunities for future-ready education.
Echoing this sentiment, Cedrik Lim, Co-Founder & CEO of uWave, shared, “Most people overlook the importance of building a community in schools, but the networks formed there eventually become invaluable tools for students and the institution. It helps create opportunities for mentorship and meaningful connection, and uWave’s mission is to empower and nurture these vibrant private communities. Presently, we partner with schools to establish and foster dynamic communities for both their students and alumni. EduSpaze has an extensive network across Southeast Asia, and we’re thrilled about the possibilities this programme holds for our business growth.”
“We are incredibly excited to be part of EduSpaze. We don’t think there’s a better place for us to grow and help bring accessible AI education for all. The AI takeover highlights the need for a fundamental change in the content taught in classrooms. It seems like a daunting task to introduce complex concepts such as AI to students, but it is possible, and extremely crucial. By making AI accessible to students at a young age, we can help them become better equipped for the future.” shares Shao-Qian Mah, the CEO of AI Blocks.
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Skills Beyond Textbooks: The AI Revolution
In a rapidly evolving digital world, the skill sets imparted to students need a revamp. AI, having infiltrated almost every industry, mandates a parallel evolution in educational methodologies. It’s exhilarating to note that EduSpaze’s new cohort houses ventures like AI Blocks, centred on infusing AI into classrooms, ushering students into the exhilarating realms of AI exploration.
