Edtech startup Oneday, which describes itself as “Shark Tank meets university”, has scooped $6.2m (£5m) to launch an MBA programme.
Students on Oneday’s 18-month programme will receive mentorship from a “seven-figure entrepreneur mentor”, create a business and receive an MBA degree.
Ranbir Arora, founder and CEO of Oneday, said: “Our mission is to provide what the current education system currently doesn’t – practical, real-world experience that will teach entrepreneurs the necessary skills they need to take on the modern business world.”
Oneday’s Series A drew investment from Ananda Impact Ventures, Brighteye Ventures, Outward VC, Flint Capital and Sparkmind.vc.
It brings the total raised by Oneday to $10.2m (£8.1m).
The MBA degree is managed by former Harvard dean Stephen Kosslyn. It was co-founded by Arora and Taras Polik.
“This isn’t just about studying textbooks and passing exams,” says Benoit Wirz, founding partner of Brighteye Ventures. “It’s about hands-on training and building as you go, fostering a mindset of innovation and resilience.”
A survey by Oneday, found that 26% of the UK population believes AI will affect their jobs in five to 10 ten years, while 42% think AI would reduce admin time associated with running a business.
Other UK edtech companies include AI smart tutoring platform Lingumi, cybersecurity trainer Hack The Box and unicorn Multiverse.