Publisher Macmillan’s corporate venturing unit’s investment in two Brazil-based education technology companies, Veduca and Easyaula bring to mind UK prime minister Harold Macmillan speech to South Africa’s parliament in 1960, when he said: “The wind of change is blowing through this continent [Africa]. Whether we like it or not, this growth of national consciousness is a political fact.”

The speech heralded the independence of the British colonies and dependencies and Dominions in Africa and elsewhere round the world that decade but in a different context, Macmillan’s words could be applied to the explosion of national consciousness about innovation and regional diversity that is forming. It is also illustrative of the changes affecting higher eduction, through massive open online courses (MOOCs).

Veduca, a Brazil-based online video platform for educational content, raised $740,000 in its seed round from a consortium including Macmillan Digital Education, which has been active in the country since…

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