Sanabil Investments leads $40 mln funding round for Classera

Logo of Sanabil Investments

The Public Investment Fund (PIF) announced that Sanabil Investments, its wholly-owned subsidiary, successfully led one of the largest EdTech Series A funding rounds globally.

 

The round raised $40 million for Classera, the PIF said on its Twitter account.

 

Sanabil Investments was established in 2009. Its strategy was reviewed and updated in 2019 to focus on venture capital, growth strategies and small buyouts.

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