EdVentures Invests $400,000 in Egyptian Edtech Startup Crafty Workshop
EdVentures has announced a $400,000 investment round in Crafty Workshop, an Egyptian firm specializing in supporting handicrafts through its digital educational platform.
This investment marks EdVentures’ second investment round in Crafty Workshop.
The platform offers diverse courses, training programs, and workshops spanning creative domains such as crafts, design, photography, programming, game development, and animation.
Dalia Ibrahim, Chairwoman of the Board of Directors of Nahdet Misr Publishing and EdVentures Foundation, commented on the development, stating:
“Our strategic objective is to advance the educational technology sector and nurture the talents of entrepreneurs in this critical field.”
Crafty Workshop is one of four startups supported by EdVentures that have attracted fresh investments from Saudi and international backers due to their significant impact on the education sector.
The other three startups are OBM, an Egyptian company offering training and qualification programs, career counseling services, and guidance for students in university and specialization choices; Akhdar, another Egyptian enterprise that provides cultural book summaries via its digital application; and Jeel, a Saudi firm that offers an educational and entertaining mobile application for children.
EdVentures’ investment in Crafty Workshop is a positive development for the Egyptian edtech sector.
It demonstrates the company’s commitment to supporting innovative startups, transforming how people learn and develop new skills.
Empower Africa Times Newsletter
“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...
Revio, a South African fintech startup, has raised $5.2 million in a seed round led by QED Investors and Partech.
ORA Technologies, a Moroccan super-app, has raised $1 million in pre-seed funding from local private investors.
Japanese VC firm SBI Holdings and Africa’s Novastar Ventures have announced a strategic partnership, with SBI Holdings committing $40 million to anchor Novastar’s future funds.