KEEPING IT "REAL": Bertelsmann, the German-based international media conglomerate, and Brazilian investment fund Bozano Investimentos announced a Brazilian edtech fund that will be worth approximately 100 million reals (approx. US $43 million). So far, two-thirds of that amount has been raised, according to the press release. Bertelsmann will hold roughly 30% in BR Education Ventures, while Bozano will manage the fund. It plans on investing in eight to ten companies, two of which have already been locked in: Evolve (an online distributor of education videos for companies) and QMágico (adaptive learning platform for students and teachers).