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Edtech Tag

Egypt Edtech Startup Receives Six-Figure Funding

GFA Attract, GFA Mentorship Program & Application Portal For Funding Egypt edtech startup, Akhdar has secured a six-figure US dollar investment from EdVentures, an Egypt-based venture capitalist firm that focuses on investing in the fields of education, culture, and innovative learning solutions. According to reports from EdVentures, Akhdar will use the funding to grow its existing library of content with new categories and topics. Dalia Ibrahim, Founder of EdVentures and CEO of Nahdet Misr Publishing House explains that the investment will be used to increase the gamification model and enhance the technologies used at the edtech startup. Read also: Small Business Resolutions To Boost Your Cash Flow In 2021 “EdVentures is always keen...

SA edtech startup receives $7-million investment

Bradley Elliott, the Chief Marketing and Innovation Officer of Valenture provides insight into how the investment will help the edtech startup reach its goals.  The investment will be used towards the high-tech enabled boutique high school campuses in South Africa  “The investment will be used for further global expansion, enhancing the learning experience, and building out additional offerings such as new subjects and exclusive bootcamps like Coding, Design Thinking, Data Science, and more.” In addition, the funding will be used for resources dedicated to the roll-out of the school’s hybrid, tech-enabled, boutique campuses, which combine online learning, in-person guidance by Learning Coaches, and socialising with peers, and additional features...

LabEight* Ventures Launches “LabEight* Africa”

LabEight* Ventures, a Canadian Venture Initiative, launched LabEight* Africa to operate out of Lagos, Nigeria in July 2020 as an innovative financial product designed to capture value missed by existing financial products, and bring together an ethos of operationally focused venture capital investing. We focus on tech and tech-enabled startups with a social impact approach.  Managing Partner Jason D. Salvagni strongly believes there couldn’t have been a better time to Launch LabEight* Africa. In his words “With all the turmoil in the world at present, LabEight* Africa’s mission is now more important than ever. Our commitment to raising up African entrepreneurs – in Africa – to benefit Africa; Our commitment...

Egypt’s Edtech Startup OTO Courses Raises More Than $100k Funding For Its English Learning Platform

Good news for Egypt’s edtech OTO Courses which has raised a six-figure (USD) investment in the form of a bridge round from AUC Angels & Changelabs. The exact size of this deal was however not disclosed. The details With the new investment, OTO plans to further develop its platform and win a bigger market share as the traditional educational centers in Egypt that teach the English language remain closed due to the pandemic.The startup had previously raised a seed round from HIMangel and EdVentures in late 2018. Download GetFundedAfrica’s e-Guide to fundraising for start-up’s Here A Look At What OTO Courses Does Founded in 2015 by Ahmed El Fadaly, Ahmed Badr...

Zedny an Egyptian Edtech Startup Bags $1.2m Pre-seed Funding

Zedny, an Egyptian edtech platform where users can learn in Arabic, has secured $1.2 million funding from angel investors. The platform which was recently launched boast of over 200 online courses and 400 animated video summaries of global business bestsellers, as well as 5,000+ hours of learning. Zedny which has already expanded to the Middle East is focused on persons who are looking to develop their business skills and acquire general knowledge. It also targets people looking for jobs and employees who want to climb the corporate ladder. Zedny provides year-long online learning and development at a fraction of the cost of one offline training course for an...

Edtech startup Syafunda lands R2.5m investment from Edge Growth

SA edtech startup Syafunda has received a R2.5-million investment from Edge Growth which will allow the startup to scale its platform to meet the growing need amid the coronavirus pandemic for online learning in South Africa. Edge Growth invests in high growth small enterprises, and is capitalised using corporate companies’ enterprise and supplier development spend under the BEE codes. Next Article: 1K1V provides funding to HEPSA The startup partners with local content developers and publishers, setting up digital libraries in places like township and rural schools where connectivity is limited or non-existent. Syafunda partners helps set up digital libraries in places like township and rural schools The digital libraries have five terabytes of pre-loaded...

Kids’ Learning Platform, Play Sense, Raises USD 458 K And Goes Full Edtech

South African children’s education venture, Play Sense, has morphed into a proper edtech startup after securing USD 458 K (ZAR 8.25 Mn) in funding from US-based VC firm, Enygma Ventures. Play Sense launched in Cape Town in 2016 as of 2018, the business had 22 little home-based schools up and running. Responding to demand in Gauteng, the company had also said it would launch its first Play Sense schools there in June 2018. Play Sense was co-founded by Meg Faure and Lara Schoenfeld, and it had set itself apart from other programs as a small home-based school for up to six 2-to-3-year-olds. But in the wake of realities of the COVID-19 pandemic which...

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