The investment, led by VentureWave Capital, will serve as a springboard for iSchool to reach new markets and solidify its position as a leader in coding education for children.
Founded in 2018, iSchool offers live, gamified coding classes for students aged 6-18. Its curriculum covers a range of in-demand skills, including Artificial Intelligence, Virtual Reality, app development, game development, and web development.
The startup has garnered significant traction in the Middle East and North Africa, boasting leadership roles in computer science labs, technical training, and partnerships with 35 schools.
Notably, iSchool has spearheaded national-level initiatives in Egypt, Saudi Arabia, and the United Arab Emirates.
With over 26,000 students, 1 million training hours, and 10 million lines of code written by their young learners, iSchool has established a strong foundation for further growth.
The $4.5 million investment will fuel iSchool’s ambitious expansion plans.
The Dublin office will serve as a strategic hub for its international operations, facilitating entry into new markets and fostering collaboration with global talent.
Additionally, the funding will enable iSchool to expand its reach in the MENA region, scale its online platform. and extend its reach in Sub-Saharan Africa.
“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.
Ninety One, a leading investment firm, has announced the first close of its third Africa and emerging markets-focused credit opportunities strategy, securing $260 million in commitments.
African electric vehicle (EV) leader Spiro announced a significant boost to its expansion plans with a $50 million debt financing agreement signed with Afreximbank, the pan-African multilateral financial institution.
Tappi, a rising Pan-African digital marketing startup, is poised to reshape how small and medium-sized enterprises (SMEs) establish themselves online, fueled by a recent investment from Renew Capital Angels.
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