The global education technology industry is no stranger to dedicated investment funds, and now there are a couple more names to add to the list.

Recently, Yogome, a Mexico-based provider of educational content and games, raised $26.9 million in a Series B round. The dollar amount raised eyebrows, to be sure, but so did the lead investor: Exceed Capital.

Exceed may be the new kid in the school of education technology investors. But the team is anything but green. It’s led by Victor Hu, who co-founded Goldman Sach’s education technology division and helped facilitate 60 education transactions over the past five years. His colleague, James Tieng, was previously a principal at Quad Partners, a private equity firm that specializes in education deals.

“At a time when our overall productive capacity as human beings is being called into question, and when learning and knowledge is theoretically more accessible than ever before, we want to find the product, services and platforms that enable people to reinvent themselves,” says Hu, Exceed’s CEO, in an interview with EdSurge.

So far, Exceed has secured a nine-figure commitment (that’s hundreds of millions) from a non-U.S. family fund, according to Hu. He declined to disclose exact figures but says his team will be raising additional capital later this year.

Exceed will focus on making investments for companies in the “growth equity” stages, says Hu, which generally translates to those that have enough traction and revenue to raise Series B rounds and beyond. The group will invest up to $20 million initially in each company, with additional capital reserved if subsequent rounds are raised. For the rest of 2018, Exceed is looking to do as many as 5 deals, he adds.

Read the full article about new education technology funds from global investors by Tony Wan at EdSurge.