New Investments
Egyptian EdTech Startups Schoolz and Ibn Sina Secure Investments from EdVentures
EdVentures, an Egyptian venture capital firm specializing in education technology, has announced six-figure investments in two Egyptian ed-tech startups—Schoolz and Ibn Sina Training Academy.
This funding comes as part of EdVentures’ ongoing efforts to foster innovation and growth in the education sector across the MENA region.
Founded in 2020 by Abdel Monsef Ismail, Ayman Hamza, and Hosni Ahmed, Schoolz is a technology-driven platform designed to provide safe, reliable, cost-effective transportation solutions for students.
Schoolz has quickly positioned itself as a vital service in the education ecosystem by addressing a critical need for secure and affordable student mobility.
Ibn Sina Training Academy, established in 2017, focuses on specialized medical training programs.
Its offerings include courses in medical translation, coding, and digital marketing, equipping professionals with skills to meet the demands of the modern healthcare industry.
With the addition of these two startups, EdVentures has expanded its portfolio to 24 companies, further cementing its status as the leading corporate venture capital firm in ed-tech across the MENA region.
The investments were facilitated through the EdTech Ventures Studio (EDVS) program, an innovative initiative launched by EdVentures to nurture promising startups.
Schoolz and Ibn Sina Training Academy were selected from a competitive pool of 10 startups that participated in the inaugural EDVS BootCamp.
This program aims to provide entrepreneurs with the resources, mentorship, and funding needed to bring transformative educational solutions to market.
Related Articles
Register Now
Empower Africa Times Newsletter
Share :
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
You may also like...
Kenya’s Octavia Carbon Secures $5 Million in Seed Funding to Advance Carbon Removal from Air
Kenyan startup Octavia Carbon has successfully raised $5 million in seed funding to advance its innovative direct air capture (DAC) technology, which aims to remove carbon dioxide (CO2) from the atmosphere using geothermal resources, particularly waste heat.
Egyptian AI recruitment startup Talents Arena secures $750K in Pre-Seed funding
Egyptian AI-driven recruitment platform Talents Arena has raised $750,000 in pre-seed funding.
South African Fintech Giant Adumo Acquired by Lesaka in $85 Million Deal
South Africa’s leading independent payments processor, Adumo, has been acquired by fellow fintech company Lesaka in a deal valued at ZAR 1.59 billion (US$85.9 million), subject to approvals.