- Norwegian education platform Kahoot announced Tuesday that it’s raised $215 million from SoftBank.
- It plans to use the fresh funds to fuel growth through new partnerships, joint ventures and acquisitions.
- Educational technology, or “edtech,” has flourished this year due to the coronavirus pandemic.
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Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., reacts during a dialog session with Jack Ma, former chairman of Alibaba Group Holding Ltd., not pictured, at Tokyo Forum 2019 in Tokyo, Japan, on Friday, Dec. 6, 2019.
LONDON — SoftBank has invested $215 million in Norwegian education start-up Kahoot, taking a 9.7% stake in the company, as demand for online learning platforms skyrockets during the coronavirus pandemic.

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The Oslo-based firm said Tuesday it had agreed to sell 43 million new shares at a price of 46 Norwegian krone — or about $5 — per share to SoftBank. It