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Stock impact report

Early-stage VC Emerge closes oversubscribed $73M second fund to invest in future of work and learning [Yahoo! Finance]

Udemy, Inc. (UDMY) 
Company Research Source: Yahoo! Finance
The second fund more than triples the investment from its first, bringing Emerge's total assets under management to $100M. Emerge's partners are immigrants, working-class kids and refugees, for whom education was the path to a better life. They are on a mission to democratise access to opportunity by being a catalytic partner for pre-seed and seed founders whose companies are revolutionising access to learning and levelling the playing field for kids, helping people navigate their careers, and empowering them to use AI at work. Investors in this fund include KfW Capital Laerdal Invest Jacobs Foundation and Southern New Hampshire University . Over the past 10 years, Emerge has made 80+ investments in companies now valued at over $2bn and impacting more than 31M people worldwide. Emerge's portfolio has had multiple exits and now includes AI-powered investments transforming how we learn, work and navigate careers, such as Solvely Colossyan and Popp Emerge is a thesis-driven and com Show less Read more
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