As the coronavirus pandemic exposes educational inequality throughout the United States, LEGO is looking to revamp the way digitally disadvantaged elementary and middle school students learn via a new 'purposeful play' program funded by leaders in tech and education.
Esben Staerk, LEGO Education president, explained that the toy company division has joined the 'Creating Learning Connections' initiative meant to ensure every student has "access to quality devices and quality internet connection."
In partnership with CDW-G, GE, Intel, and First Book, the initiative poured $7 million into the fund to develop tools and products that guide teachers and entice students to engage with their learning materials.
"The pandemic has exacerbated the divide. A recent study by First Book actually indicates that around 40 percent of students lack access to quality devices and almost 40 percent lack access to quality internet connections," Staerk said.
The physical aspect of LEGO Education's learning tools, according to Staerk, makes learning fun and is a better source for information retention.
"All the LEGO Education solutions are based around hands-on learning, and they're based around a playful learning or learning to play approach," he explained.
As parents and teachers express having difficulties with children learning from home, Staerk said the purposeful play program isn't just meant to level the educational playing field but also to "make sure that these communities and these students are engaged in their learning."
For Staerk, the choice to join an equal education initiative was easy since the importance of access to quality education is essential for the ability to be "life-long learners," he noted.
"It's important that we spark student creativity, their problem solving, their critical thinking, but not least, also build their confidence in learning and their resilience," Staerk added.
A.I.-based entertainment company, Deedub, recently raised
$20 million in a Series A round, led by Insight Partners. Deepdub uses A.I. technology to automate the dubbing process for foreign-language movies or TV shows, while using actors' original voices. The company says it can take just two to three minutes of data from an actor's voice and transform the voice into a different language. The funding comes as foreign-language films and shows like Netflix's 'Squid Game' have recently become more popular with audiences in the U.S. and around the world. Oz Krakowski, Chief Revenue Officer at Deepdub, joins Cheddar News' Closing Bell to discuss.
Energy Vault, the company developing sustainable, grid-scale energy storage solutions, is now trading on the New York Stock Exchange following the completion of its business combination with Novus Capital Corporation II. Energy Vault develops sustainable, grid-scale energy storage solutions designed to advance the transition to a carbon free, resilient power grid. Robert Piconi, co-founder and CEO of Energy Vault, joins Cheddar News' Closing Bell to disucss.
A new mobile app has launched just in time for Valentine's Day. Our.Love bills itself as an A.I.-powered, gamified, relationship wellness app for couples. The app is set in what the company calls the Coupleverse, a virtual world where each couple can build a virtual relationship home as they also build their real-world relationship. Founder and CEO Tal Zlotnitsky joined Cheddar to discuss how the app works. "The concept behind Our.Love is to give people the opportunity to understand where they stand in their relationship through very simple metrics that we provide within the app that will help them in real-time, see where they stand, see where their partner is, and be able to get closer together," he said.
Alyson Wilson, VP of Brand Innovation at Alo Yoga, joins Cheddar News to discuss the yoga apparel company entering the metaverse and teaming up with Spring Studios for New York Fashion Week.
Sēkr, a mobile app that aims to improve and digitize the outdoor travel experience, announced this week that it raised a $2.25 million seed round. In the Sēkr app, users can get access to more than 50,000 campsites throughout the U.S. including the nation's largest database of free campsites. The company is saying it is on a mission to make every step of the planning experience for outdoor travel easier, safer, and more social. Breanne Acio, co-founder and CEO of Sēkr, and Jess Shisler, co-founder and COO, joined Cheddar News' Closing Bell to discuss.
