The financing round consists of an equity financing with a first and a second closing and concerns a total of EUR 9.3 million (USD 10 million). The round is led by EduCapital, Europe's largest EdTech fund, and supported by a number of investors and angel investors, including Sparkmind.vc, Redstone, Mediahuis Ventures, 4P Capital, Zanichelli Ventures, Ralf Reichert and Daniel Jung. The round was also supported by other well-known business angels such as Nikolaus D. Bayer, Lin Deutschmann, Thomas Maidorfer, Verena Pausder, as well as Mario Barosevcic and Jan Lynn-Matern from Emerge Education. Tomorrows Education offers the Tomorrow University of Applied Sciences (ToU), a smart and well connected distance learning program designed by distinguished entrepreneurs, academics and subject matter experts. In addition to the Impact MBA in Sustainability, Innovation & Leadership, ToU offers other degree programs and certifications, including a Bachelor of Arts in Responsible Business Administration & Entrepreneurship, a Bachelor of Science in Artificial Intelligence & Sustainable Technologies and a dual Master's degree in Sustainability, Entrepreneurship and Technology in cooperation with the Vienna University of Economics and Business. Raue has advised Tomorrows Education extensively since its inception. Advisor to Tomorrows Education GmbH Raue, Berlin: Dr. Jörg Jaecks (Partner, Venture Capital, Corporate/M&A), Manuel Milde (Counsel, Labour and Employment Law)

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