University Ventures launches edtech development company
University Ventures, an investment firm focused on the global higher education sector, has announced the launch of UV Labs, a company that will partner directly with universities and other providers of higher education to develop products and technologies.
UV Labs will be led by Co-Founder and CEO Dr. Satish Menon. Over the past two decades, Menon has steered the development of multiple technological innovations in education and digital media, including the development of several mobile products, personalized learning management platforms and a suite of education-to-career tools for postsecondary learners. Prior to co-founding UV Labs, Menon served as Chief Technology Officer for Apollo Group, a Fortune 500 company and one of the world’s largest private education providers. He also previously served as Vice President at Yahoo’s Consumer Platforms division.
A team of product designers, social scientists, and experts in education, cognitive science and technology will support him in developing new products for students, higher education institutions and employers.
“This is an exciting collaborative new venture. For too long higher education has remained unchanged by the technological advances taking place in other industries. If universities around the world want to meet the need for a more skilled and prepared workforce, innovative products and technologies are needed,” said Menon. “In partnership with global thought-leaders in higher education and the private and public sectors, UV Labs has the opportunity to deploy products that will adequately prepare learners to meet and solve the pressing needs facing our world today.”
“We are thrilled to have Satish at the helm of this new enterprise. His knowledge of the education, media and consumer sectors and his strong technology expertise, paired with the team’s experience and passion for higher education, will aid UV Labs in becoming a great resource for innovative education products and technologies,” said Ryan Craig, Managing Director at University Ventures. “This foray into development helps advance the core mission of University Ventures and move higher education as a whole closer to where it needs to be to better serve students.”
Through this partnership, University Ventures aims to expand its role in advancing the development of the next generation of colleges and universities on a global scale.
Product designers, social scientists and others interested in becoming a part of this unique venture should visit www.uvlabsinc.com for more information.