NVM invests in Knowledgemotion Ltd
HMT LLP undertook financial due diligence for NVM Private Equity on their investment in online educational content provider Knowledgemotion Ltd.
Founded in 2013 by David Bainbridge, Knowledgemotion has developed boclips, a video platform designed specifically for the education sector. boclips enables education providers to easily find, license and use video clips in their teaching products and services. The platform hosts over forty international content producers including the BBC, Getty Images, PBS, Bloomberg and Associated Press – providing access to over two million rights-ready video clips.
The deep repository, the largest video library for education in the world, provides a single point for all school, university, corporate training and language learning video needs. The platform utilises proprietary algorithms and machine learning to map clips to the curricula and courses used by education providers around the world. All videos are ad-free, can be downloaded or streamed and, in an era of fake news, are from trusted and respected content sources.
NVM invested £3 million into boclips through their VCT fund, to support further growth within the business. boclips is the second investment in the video content sector for NVM after providing development capital for Channel Mum in 2016.
HMT undertook financial due diligence on this transaction.
David Rolfe, Partner at NVM commented:
Andrew Thomson commented:
“We are delighted to have advised NVM on their investment in Knowledgemotion. The Business operates in an exciting and on trend market with fantastic development opportunities and NVM’s support will allow the management team led by David Bainbridge to achieve their ambitious growth plans.”
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