Leverage Edu has raised $22 million in Series B funding to expand into new markets and drive its financial services offer, the study abroad platform has announced. Its overall value is now around $120m.

AI platform Cialfo has raised US$40 million in Series B as it aims to simplify the college application process by connecting high school students, counsellors, families and universities digitally.

The India-based college admissions and education services platform will use the investment to improve its offer and product & technology, expand internationally and grow new verticals.

South Asian overseas education company Leap has raised $55 million in Series C funding led by Owl Ventures, bringing the company's total equity capital raised to date to over $75 million.

Canadian unicorn, ApplyBoard, has raised a further C$375 million (US$300 million) in Series D funding, to enable further global scale and product iteration. One example of this is the rollout of verification portal ApplyProof, said the company.

CultureWorks has entered a new partnership with OKR Financial to "significantly" increase investment in the Canada-based digital pathway provider.

Edtech startup Cialfo has announced an additional US$15 million in funding to drive product innovation, and expand reach in India, China and South-east Asia.

The Class of 2020 kicked off its schedule of events with a conference that looked at how companies can continue to invest in student housing amid the housing crisis in Europe.