The educational services provider will partner with Touchdown Ventures, a venture capital firm co-founded by two ex-employees of Comcast Ventures.
Apollo Education Group, the parent company behind a range of for-profit educational institutions, launched a corporate venturing unit yesterday called Apollo Education Ventures (AEV).
The size of the fund has not been disclosed, but AEV will have a broad remit. Its target sectors will involve international companies and innovations in the higher education sector, as well as professional development and human resources.
AEV plans to invest at all stages from early to late, and will look to take minority positions…
