EdTech startup Code Institute has raised €1.2 million to further expand its online coding course platform internationally. The Dublin-based startup received its first seed round investment of €500k back in 2016, making its latest investment from Infinity Capital and Kernel Capital (through the Bank of Ireland Kernel Capital Growth Funds) the largest in its history.
In a time of uncertainty that has seen millions of people around the world self-isolate and practice social distancing, Code Institute has supported people online who have taken the opportunity to develop new skills. The distance learning platform offers university-accredited courses on coding and has been used by individual learners but also enterprise companies like Hubspot, Facebook and Google. The Full-Stack Coding Bootcamp course – which the company claims is the first of its kind in Europe – has also attracted some 2,000 students. Perhaps now is the time for you to consider what the site has to offer.
How Code Institute Provides Online Coding Courses
Founded in 2015 by Anthony Quigley, the Irish startup is currently active in four European markets, along with the US, Canada and Singapore. Code Institute CEO Jim Cassidy has said that the funding will specifically aid the startup in accelerating its expansion across Europe. “We are hungry to accelerate our European expansion, and the investment will enable us to fuel our vision,” said Jim Cassidy.
The company will also see Cyril McGuire, the executive of Infinity, and Orla Rimmington, a partner in Kernel, join Code Institute’s board. Ms Rimmington commented on the joint venture: “The spread of COVID-19 around the world has led to an unparalleled education disruption which highlights the role of EdTech and the importance of online educators.”
There exists a global shortage of people with coding skills in the tech industry, so Code Institute could play a vital role in helping people secure employment in the difficult months ahead. As Rimmington mentioned, the disruption to education across the globe has presented countries with difficult challenges. EdTech will play a vital role in ensuring that young people continue to learn but also that adults can take the opportunity to learn new skills or develop those they already possess.
This pandemic has certainly uprooted our way of life. But there is great potential for personal development in this difficult time. Perhaps Code Institute could help with that.