APAC Digest: NZ-based LearnCoach gets $1.5m; Myanmar’s Greenovator bags grant

Photo: Kyle Gregory Devaras/unsplash

New Zealand-based online education platform LearnCoach has secured $1.5 million in seed funding while Myanmar agri-mobile platform Greenovator has snagged a six-digit grant from the GSMA Ecosystem Accelerator Innovation Fund.

NZ education startup LearnCoach secures $1.5m in seed round 

New Zealand-based online education platform LearnCoach has closed a $1.5-million seed round led by Eden Ventures. Other investors include Danny Chan, co-founder of ACG; and Andrew Preston, founder of Publons.

Founded in 2012, LearnCoach creates video tutorials to teach subjects for students who can’t be in a physical classroom, or for those who want to extend beyond their classroom learning. About 150,000 students in New Zealand view the lessons more than a million times every year.

According to LearnCoach, the proceeds will be used to scale its education platform to reach more students and produce more tutorials.

David Cameron, co-founder of LearnCoach said: “This seed money will help us scale faster and reach more students with more relevant tutorials to help them succeed.”

According to an official statement, Eden Ventures, its lead investor, plans to take LearnCoach to Asia.

Myanmar agtech startup Greenovator raises six-digit funding 

Greenovator, a Myanmar-based agri-mobile platform that helps farmers improve agricultural output and income, has raised a six-digit funding from the GSMA Ecosystem Accelerator Innovation Fund backed by UK Department for International Development (DFID) and the Australian Government, according to an announcement.

Greenovator is among the 11 mobile platform focused startups that GSMA Ecosystem Accelerator Innovation Fund has selected for its third cohort, offering equity free funding and chances to partner with mobile operators.

Also, Greenovator is in advanced talks with a local group to close an investment that will act as a match-funding source for the GSMA grant.

“We plan to take the next step of connecting farmers and agri businesses, creating a marketplace for the agriculture sector,” said Yin Yin Phyu, co-founder and CEO of Greenovator. Greenovator has a user base of over 100,000 farmers and over 2,500 experts from the whole country.