COGBOOKS, an Edinburgh-based adaptive learning technology company, has raised £1.25 million ($1.83 million) from investors Nesta Impact Investments, DC Thomson and the Scottish Investment Bank. It will use the funds to fuel growth in the U.S and UK, The Scotsman reports.
CogBooks offers adaptive courseware for U.S. history and biology courses and counts Arizona State University among its users. The company received a $2 million grant from the Bill & Melinda Gates Foundation to develop adaptive courseware as part of the Next Generation Courseware Challenge.