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Reading: German Neo-University Tomorrow University Raises $10M in Series A Funding
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Home > News > German Neo-University Tomorrow University Raises $10M in Series A Funding
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German Neo-University Tomorrow University Raises $10M in Series A Funding

Shalini Pathak Published Jun 21, 2023
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German Neo-University Tomorrow University Raises $10M in Series A Funding
German Neo-University Tomorrow University Raises $10M in Series A Funding
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Tomorrow University of Applied Sciences (Tomorrow University), the German Neo-University in sustainability, entrepreneurship, and technology, has recently raised $10 million (€9.3 million) in its Series A funding round led by EduCapital, Europe’s largest EdTech Fund. The round also witnessed participation from Sparkmind.vc, Redstone, Mediahuis Ventures, 4P Capital, Zanichelli Ventures and angel investors such as Ralf Reichert and Daniel Jung.

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The startup plans to enhance its technological infrastructure and scale operations with the funds to accommodate the growing demands for innovative, future-focused education. It will also contribute to expanding the university’s academic portfolio, including a newly launched ImpactMBA program focusing on Sustainability, Innovation, and Leadership, supported by industry experts across the technology, business, non-profit and media industries.

Founded in 2021, Tomorrow University is a state-recognized university offering Bachelor, Master, and Certificates courses designed to empower the next generation of leaders and change-makers with the tools needed to shape a more sustainable society while driving economic growth and environmental sustainability. The platform provides a fully remote yet highly connected learning experience delivered by respected entrepreneurs, top-tier academics, and subject matter experts. The company aims to build a global community of business leaders and industry experts. To date, the community consists of around 400 learners.

Speaking about the capital raised, Founder & CEO of Tomorrow University of Applied Sciences, Christian Rebernik, said:

We are grateful to have the support of EduCapital as we continue to revolutionize the education landscape. This investment will empower us to accelerate our mission of providing exceptional learning experiences and shaping the entrepreneurs and intrapreneurs of tomorrow.

As Europe’s first EdTech startup turned university, Tomorrow University has designed an immersive learning technology that allows students to tailor their education to their career paths. Its global community will enable learners to build meaningful online and real-life connections with in-person events and meeting hubs.

Marie Geneste, Investment Director of EduCapital:

We are honoured to lead the investment in Tomorrow University. Their purpose-driven approach to education aligns seamlessly with our vision of creating a better world through innovative education. Together, we aim to redefine education, fostering the growth of future leaders.

Tomorrow University’s latest funding round was also supported by angel investors Nikolaus D. Bayer, Lin Deutschmann, Thomas Maidorfer, and Verena Pausder, as well as Mario Barosevcic and Jan Lynn-Matern from Emerge Education. The startup has secured $14,9 million (€13.8 million) since 2021.

TAGGED: EdTech Funding, EdTech Investors, EdTech Startups/Companies, Entrepreneurship, Immersive Learning, Online Courses, Online Education, Universities
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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.
Previous Article Seattle-Based Recruitment Automation Startup Humanly Raises $12M in Series A Round Seattle-Based Recruitment Automation Startup Humanly Raises $12M in Series A Round
Next Article Minerva University Partners With EARTH University To Strengthen Commitment to Sustainability Minerva University Partners With EARTH University To Strengthen Commitment to Sustainability
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