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Reading: Amsterdam-based JetLearn Acquires K-12 Hackathon Organisation SchoolHacks
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Home > News > Amsterdam-based JetLearn Acquires K-12 Hackathon Organisation SchoolHacks
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Amsterdam-based JetLearn Acquires K-12 Hackathon Organisation SchoolHacks

Shalini Pathak Published Dec 9, 2022
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Amsterdam-based JetLearn Acquires K-12 Hackathon Organisation SchoolHacks
Amsterdam-based JetLearn Acquires K-12 Hackathon Organisation SchoolHacks
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JetLearn, a 1:1 e-learning platform providing children with coding, robotics and Web3 skills, has recently announced the acquisition of SchoolHacks, a Silicon Valley-based company specializing in organizing hackathons specifically designed for school-aged students. With this acquisition, founder of SchoolHacks, Yash Narayan will join JetLearn as a strategic advisor to help expand operations as well as the global reach of the company.

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Founded in 2017 by Yash Narayan, SchoolHacks’s virtual hackathons have provided an important outlet for children to engage with one another and form a community, as well as showcase their creativity. In the past five years, the platform has grown in popularity with the participation of thousands of children from more than 40 countries.

Commenting on the acquisition, Founder & CEO of JetLearn, Abhishek Bahl, said:

Talent is distributed equally, but opportunity is not. In the coming decade, every company is going to be a tech company, and every job is going to be a tech job. Web3, robotics, and AI are the skills that will be essential for the builders of tomorrow. SchoolHacks’ unique engagement and creative collaboration model accelerates the mission of JetLearn to empower kids to be builders of the tech-driven future.

The SchoolHacks acquisition is just one step in JetLearn’s plans to make the unique Silicon Valley experience accessible to young learners all over the world. In the coming months, the startup will connect members of its student community to mentors and role models, as well as offer internships at Silicon Valley companies.

Named as one of the top five EdTech companies in the STEM for kids category on the prestigious HolonIQ list in Europe, JetLearn has worked with more than 10,000 students in 46 countries since its 2021 founding. The Amsterdam-based company is on a mission to empower children with a foundation in new-age technology skills like Web3, AI and robotics in an inspiring and hyper-personalized way.

Founder of SchoolHacks, Yash Narayan, added:

I started SchoolHacks after my transformational experience participating in hackathons at an early age. At the time, I was usually the only student attending these events, which were targeting experienced, adult programmers. My mission behind SchoolHacks was to create a fun and supportive community for students and inspire them to use their entrepreneurial creativity to bring new technology solutions to solve pressing problems. I am glad this mission will be carried forward by JetLearn for an even bigger global impact.

The latest acquisition comes a few days after JetLearn completed the world’s largest Web3 Hackathon & Festival for students aged 6 to 16, in partnership with SchoolHacks.

In July this year, JetLearn had secured €1.2M in a seed round of funding. The oversubscribed round was led by INSEAD Angel Group, with participation from other notable angel investors, including Humera Afzal, CFO of Soho House and formerly of Backed VC, and Ritu Narayan, founder of Zum.

TAGGED: EdTech Acquisition, K-12, Mergers and Acquisition, Online Courses, Online Education, Robotics, STEM
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By Shalini Pathak
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Shalini Pathak is a Staff Writer at EdTechReview (ETR) - India's leading edtech media & community. She has over four years of experience in media, covering different beats. Like all writers she's an enthusiastic reader first with a passion to create out of the box content, and an ability to write about any topic. As a part of the ETR team, she will cover the latest in the edtech industry with a focus on edtech startup stories and their funding.
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