Ashtons advise Tech Educators on EIS/SEIS Investment Round

The Emerging Companies team at Ashtons Legal LLP has advised Norwich edtech start-up Tech Educators on its EIS/SEIS investment round.

Tech Educators is a fast-growing edtech start-up that provides instructor-led coding, development, blockchain and web3 bootcamps. Headquartered in Norwich, it has won numerous contracts with local councils throughout the UK to provide their bootcamps in locations such as Cambridge, Liverpool and Peterborough, with more to be announced. The company was initially founded in the Akcela incubator but has since moved into new premises. The raise values the company, just over a year old, at around £1.5m, and includes funds from New Anglia Capital.

David Sloman, a senior associate in Ashtons’ Emerging Companies team, has advised Tech Educators since it was incorporated and led the legal advice on the round, supported by Ebony Colton, a paralegal. David says: “I’m delighted to have been able to support and work so closely with James and the team at Tech Educators and Akcela. We’re looking forward to helping the company continue its rapid growth and working with more of the fantastic founders and businesses at Akcela.”

James Adams, founder of Tech Educators and Akcela, comments: “We are incredibly grateful to David and Ashtons, who have been true partners to Tech Educators from the very beginning. For any founder going through a raise – having the support for questions and the assurance of someone who understands your business, your precise situation and how you work as a founder is invaluable. I have always said the startup ecosystem must put founders at the centre and organise around their needs. The Ashtons team embody this – whether it was engaging David or continual updates and communication from Ebony, we knew where we were at all times. As the founder of any early-stage business, a raise can be a mix of emotions, having a partner who can guide you, calm you and ensure everything moves at the pace needed, is invaluable.”

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