<article><a style="color: #000080;" href="https://www.dealstreetasia.com/?s=Perle+Ventures" target="_blank" rel="noopener noreferrer">Perle Ventures</a> and <a style="color: #000080;" href="https://www.dealstreetasia.com/?s=Alium" target="_blank" rel="noopener noreferrer">Alium Capital</a> recently led a $1.7 million (AUD2.25 million) Series A round in <a style="color: #333399;" href="https://www.dealstreetasia.com/?s=Academy+Xi" target="_blank" rel="noopener noreferrer">Academy Xi</a>, a Sydney-based reality edutech startup.
Academy Xi will use the funds to expand its business into Singapore, the SmartCompany <a style="color: #000080;" href="http://www.smartcompany.com.au/startupsmart/news-analysis/sydney-virtual-reality-startup-academy-xi-secures-2-25-million-in-series-a-round/" target="_blank" rel="noopener noreferrer">reported</a>.</article>

<a style="color: #000080;" href="https://www.dealstreetasia.com/?s=Perle+Ventures" target="_blank" rel="noopener noreferrer">Perle Ventures</a> and <a style="color: #000080;" href="https://www.dealstreetasia.com/?s=Alium" target="_blank" rel="noopener noreferrer">Alium Capital</a> recently led a $1.7 million (AUD2.25 million) Series A round in <a style="color: #333399;" href="https://www.dealstreetasia.com/?s=Academy+Xi" target="_blank" rel="noopener noreferrer">Academy Xi</a>, a Sydney-based reality edutech startup.
Academy Xi will use the funds to expand its business into Singapore, the SmartCompany <a style="color: #000080;" href="http://www.smartcompany.com.au/startupsmart/news-analysis/sydney-virtual-reality-startup-academy-xi-secures-2-25-million-in-series-a-round/" target="_blank" rel="noopener noreferrer">reported</a>.
Founded in 2015, Academy Xi seeks to solve the shortage of skilled digital talent, a gap which it claims &#8220;traditional education models are not able to support.&#8221; It offers short, practical and skill-specific courses for people or companies wanting to upgrade their capabilities in design and innovation.
Led by co-founders Ben Wong and Charbel Zeaiter, the edutech startup is likely to bring 1,300 skilled people into the Academy Xi community over the next 12 months, while also teaching 8,500 students in shorter classes, workshops and courses, the report added.
The edutech startup has set its sights on expanding in Africa, Vietnam, Myanmar, and Cambodia, among others.
Academy Xi previously raised up to $250,000 in a seed round last year backed by innovation consultancy <a style="color: #000080;" href="https://www.dealstreetasia.com/?s=Vivant" target="_blank" rel="noopener noreferrer">Vivant</a>, and <a style="color: #000080;" href="https://www.dealstreetasia.com/?s=Muru-D" target="_blank" rel="noopener noreferrer">Muru-D</a> co-founder and <a style="color: #000080;" href="https://www.dealstreetasia.com/?s=CodeClub" target="_blank" rel="noopener noreferrer">CodeClub</a> chair Annie Parker.
Also Read: <a style="color: #ff0000;" href="https://www.dealstreetasia.com/stories/australian-marketing-tech-firm-simple-secures-10-53286/" target="_blank" rel="noopener noreferrer">Australia: Marketing tech firm Simple secures $10m funding from SparkLabs, Perle Venturest</a>
<a style="color: #ff0000;" href="https://www.dealstreetasia.com/stories/edutech-coursera-64m-funding-74651/" target="_blank" rel="noopener noreferrer">Edutech platform Coursera raises $64m in Series D funding</a>
<a style="color: #ff0000;" href="https://www.dealstreetasia.com/stories/edutech-start-byjus-raises-30-million-verlinvest-68786/" target="_blank" rel="noopener noreferrer">India: Edutech startup Byju’s raises $30m from Verlinvest</a>

Australia: Perle Ventures, Alium Capital lead $1.7m Series A in Academy Xi

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Australia: Perle Ventures, Alium Capital lead $1.7m Series A in Academy Xi

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