The chapter provides a theoretical framework for understanding the approaches to modernizing and transforming the educational framework, business investment and legal support shift in the context of the emerging technological order. The latest trends influencing the labor market, determining professional profiles and new competencies, skills, specializations to meet the professional requirements of the fourth industrial revolution, and current challenges education has to face accordingly prompt business invest in breakthrough technologies enhancing the process of education. The paper underlines the necessity of modifying relative legislative norms corresponding the digital transformation of education based on the integration of such breakthrough technologies as artificial intelligence, augmented and virtual reality, 3D printing, being a natural process inherent in the fourth industrial revolution and a crucial aspect of societal and economic progress. The field of EdTech has become popular for business investing. Consequently, the researchers observe the new requirements derived for governmental agencies, for legislative framework, for educational programs, for educators and forms of training, and for conditions provided by educational organizations. The paper suggests a review on investment and legal challenges in the field of EdTech. Higher education as well as business should promptly respond to the innovative changes and technological breakthrough forming highly qualified specialists who are able to respond properly to the challenges caused by modern digital and industrial revolution.