Kortext acquired the UK edtech platform StudyStash, a neuroscience-backed AI study tool that turns dense course materials into personalised flashcards, practice tests, and podcasts. The acquisition was reported with tens of thousands of students using StudyStash across 160+ institutions. StudyStash will gain access to Kortext’s institutional network while its founders are expected to remain CEO and CTO, continuing it as a distinct brand.
Headline closed a $400M European fund, Oura delayed its $15B US IPO, and Mykhailo Fedorov launched Army of Robots. The fund closing was for $400M. The funding and launches signal fresh backing for European AI and robot-related efforts while Oura’s planned listing is pushed out.
StudyStash, an adaptive study platform, was acquired by edtech company Kortext about a year after its founders graduated from the University of Birmingham. The deal terms were not disclosed, and StudyStash is used by tens of thousands of students across more than 160 institutions. The acquisition folds StudyStash into Kortext’s portfolio, keeps the founders as CEO and CTO, and leads the team to relocate to Silicon Valley while expanding in the US and other markets.
Every AI story that matters,
in your inbox by 8am.
TLDRocket reads all relevant sources, removes duplicate coverage, and summarises the
day in two minutes. Follow companies and topics for alerts, or get the
briefing in Slack. Free, no spam, unsubscribe anytime.
Reading TLDRocket needs no cookies, and the readership counts we rely on come from
our own cookieless analytics. Google Analytics is the exception: it sets cookies and
reports to Google, so it stays switched off until you allow it. You can change your
mind any time from “Cookie settings” in the footer.
Strictly necessary
Session security and form protection (tldrocket-session,
XSRF-TOKEN, 2 hours). The site cannot work without them,
so they need no consent.
Always on
Google Analytics 4 (_ga,
_ga_<id>, up to 2 years). Measures which
stories and sections readers use. Google acts as a third-party processor and may
store the data outside the EU. No advertising, no profiling, no data sold.