New Investments
Egyptian Edtech Startup iSchool Raises $4.5 Million for Global Expansion
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.
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...
Nigeria’s Winich Farms Secures $3 Million in Pre-Series A Funding to Revolutionize Agricultural Supply Chain
Winich Farms, a Nigerian agritech startup, has announced the successful completion of a $3 million pre-Series A funding round aimed at addressing the challenges faced by smallholder farmers in Nigeria.
Kenyan agritech Victory Farms has raises $35 million in Series B funding round
Kenyan agritech Victory Farms has raised $35 million in Series B funding to finance its expansion plans.
Delta40 Raises $20 Million to Expand Africa-Focused Venture Studio and Early-Stage Fund
Delta40, an Africa-focused venture builder, has successfully raised $20 million to expand its combined venture studio and early-stage investment fund, a financing round the firm says is the first institutional raise of its kind on the continent to merge hands-on company building with seed capital.