Azur Innovation Fund has invested $960,000 (MAD10 million) in EdTech firm KOOLSKOOLS. The Fund is a public-private seed fund with the goal of providing equity and quasi-equity funding to creative Moroccan entrepreneurs.
KOOLSKOOLS is a collaborative educational platform that uses the digitalization of numerous procedures to address pedagogical issues (interactive courses and exercises, content bank, live courses, monitoring of skills, and remediation process).
The educational platform also promises to digitalize school administration (student files, absences, report cards, and payment management).
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This fundraising will help the startup to strengthen its national footprint and begin its worldwide growth by obtaining human, technical, and marketing resources. KOOLSKOOLS also aspires to democratise access to high-quality educational content and careful supervision of a broader number of pupils, regardless of socioeconomic status.
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert.
As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard