Co-working and EdTech company Talent Garden acquires Hyper Island to scale online courses globally

DMCA / Correction Notice
- Advertisement -


talent garden A type of ‘European-wework-meets-general-assembly’, in that its business model is a combination of co-working spaces (Italy, Austria, Romania, among other places) and online/offline digital courses. It’s also a post-Series B company (its last round was $73.5 million), which raised from investors like 500 Startups and Social Capital. It is now stepping up its game with the acquisition of majority (54%) stake in hyper island A place regarded by some as the ‘digital Harvard University’ of the European continent.

- Advertisement -

Hyper Island emerged in the 90s as a school of excellence in the emerging world of UX and game design and has gone on to produce a vast array of talent, which is regularly joined by the biggest tech players.

Undoubtedly the combination of the two will expand their ability to take online courses (and offline, where applicable).

advertisement

For example, Talent Garden offers a myriad of vocational training courses for the digital world, processing around 20,000 students a year. Similarly, Hyper Island has traditionally been known for its online learning, but with Talent Garden, that inline component will undoubtedly expand. Talent Garden has 20 campuses across Europe.

Rasa Strumskite, co-founder of Talent Garden, told me: “More than 60% of our courses are online and the rest are on campus and we will work to expand existing courses to more markets and create new ones, especially online.”

- Advertisement -

It is estimated that around 97 million new digital jobs will emerge over the next few years, with the global digital education market projected to grow from $8.4 billion in 2020 to $33.2 billion by 2025, making it one of the fastest growing sectors in the world. Will become – pandemic era.

Hyper Island has a global presence in Europe, Asia-Pacific, North and South America through physical installations in the UK, Singapore, USA and Brazil.

The combined entity says it will expect revenue of €50 million in 2022, 20,000 professionals a year to be trained, 5,000 students placed in the job market with a “98% placement rate and as teachers and the community.” With over 4,500 start-ups and digital innovators. Members.”

David Datoli, Co-Founder and Executive Chairman of Talent Garden, said: “Through joining forces with Hyper Island, our project is taking a new leap forward. In such a critical but fragmented market, we are both an aggregator and a game-changer. We will be expanding our training offerings to benefit the many present and future workers who are living in this time of digital transition.”

Irene Boni, the new CEO of Talent Garden, said: “Talent Garden has the opportunity to significantly grow the digital education market in Europe, as well as by training large companies that want to take advantage of the benefits of digitization – which of course There is a technical issue, but above all there is a question of human capital.”

Prior to joining Talent Garden, Bonnie had been working as Co-General Manager at Unicorn Yokes Net a Porter (today part of Richemont Luxury Group) for the past ten years. Before that she worked at McKinsey.

Fredrik Manson, President of Hyper Island, said: “Through the alliance with Talent Garden we will achieve a substantial increase in resources to jointly accelerate both the growth and impact of companies in the world.”

- Advertisement -

Stay on top - Get the daily news in your inbox

Recent Articles

Related Stories