By Janice Bitters Turi,

Owl Ventures has closed more than $1 billion in new funds, the Menlo Park, California-based edtech investor announced Wednesday.

Leaders at Owl Ventures, the largest VC firm globally focused exclusively on edtech, say little is off-limits when it comes to the types of companies and technology they intend to invest in, from pre-kindergarten to higher education and the future of work. The firm is also looking closely at what it calls “EdTech+,” which is an industry that sits somewhere between traditional edtech and other types of technology, like fintech and health care.

“We’ve always been focused on investing in the very best education technology companies around the world, full stop, and we have a...