Madrid-based StudentFinance scores €39 million to democratise upskilling across Europe
Summary
The startup offers an upskilling platform for the most in-demand sectors, including data, technology, engineering, artificial intelligence and climate/green economy. • €39 million raised in a Series A fundraise, bringing the total funding raised to €44.7 million • The round was led by Iberis Capital on the equity side, and Smart Lenders Asset Management on the debt side, with support from Armilar Venture Partners, Mustard Seed Maze, Giant Ventures and Seedcamp • The company also secured backing from UK angel investors including Ed Vaizey, the longest-serving Culture & Digital Economy Minister, Tom Blomfield, founder of Monzo, and Martin Villig from Bolt. Diogo Chalbert Santos, partner at Iberis Capital: “StudentFinance has pioneered a new model to address one of the most pressing societal challenges, the digital skills gap. Erich Bonnet, partners at SmartLenders Asset Management: “There is a critical need to upskill our global workforce now more than ever, and StudentFinance is leading the way in empowering training and economic mobility. The team has built a unique platform that enables individuals to take control of their career, being able to command a 50% increase in salary as a result of their new abilities.