New Zealand-headquartered online schooling provider Crimson Education has raised A$23.8 million (£12.6 million) in a funding round led by HEAL Partners, the Australian Financial Review has reported.

According to the report, the round valued Crimson at A$622.45 million and brought on investments from Icehouse Ventures, US News and K1W1.

To read an interview with Crimson’s founder, Jamie Beaton, click here.

Date published: 10 August 2021

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