iSchool, an Egyptian ed-tech firm, has received pre-seed investment of $160,000 to establish an online platform and increase its product offerings.
“Creating a new generation of innovative leaders has always been our vision from day one. We are glad that a leading company in the field of education, such as Nahdet Misr and its arm EdVentures, is sharing the same vision we have. Their investment and support will accelerate our growth to develop and expand our services in more countries,” said Algawish.
iSchool will utilize the funds to create an online platform to grow its ed-tech services in Egypt and beyond the Middle East and North Africa (MENA).
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“In our ever-changing world, it is quite crucial to equip our youth with different skills and knowledge enabling them to become innovators. Such skills are acquired through STEAM education. iSchool will help us empower more students by developing their critical thinking skills and setting them up for future success,” said Dalia Ibrahim, chief executive officer (CEO) and founder of EdVentures.
A Look At What The Startup Does
Mohamed Algawish, Mustafa AbdelMon’em, Ebrahim Youssef, and Mohamed Nabil founded iSchool in 2018 to provide STEAM-based learning experiences for students aged six to eighteen.
The startup seeks to assist young students in learning about software development, artificial intelligence, big data, robots, IoT, and multimedia so that they may pursue professions in these fields. Learning objectives, milestones, projects, activities, certifications, and contests are all part of the STEAM curriculum, which is tailored to the age of the students.
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iSchool has taught over 7,500 students in six countries since its start, and it has now secured US$160,000 in investment to help it expand. EdVentures, the venture capital arm of Egypt’s Nahdet Misr Publishing Group, made the investment.
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Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer who has advised startups across Africa on issues such as startup funding (Venture Capital, Debt financing, private equity, angel investing etc), taxation, strategies, etc. He also has special focus on the protection of business or brands’ intellectual property rights ( such as trademark, patent or design) across Africa and other foreign jurisdictions.
He is well versed on issues of ESG (sustainability), media and entertainment law, corporate finance and governance.
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