iSchool, an edtech platform based in Egypt has completed a $160,000 raise in investments from Edventures, the VC arm of Nahdet Misr Publishing Group. The investment will be channeled towards the development of an online platform and further expansion of its offering to other countries across the MENA region.
iSchool was founded by Mustafa Abdel Mon’em, Mohamed Algawish, Mohamed Nabil, and Ebrahim Youssef in 2018. The edtech startup offers children aged 6-18 years STEM-based learning.
iSchool was founded to help students develop careers in artificial intelligence, software development, robotics, big data, multimedia, and IoT. The STEM program has learning objectives, projects, milestones, activities, certificates, and competitions that are commensurate with the age of the student.
Since its launch, over 7,500 students drawn from 6 countries have undergone training through iShcool. The skills have helped them work, freelance, or start their own startup companies.
Mohamed Algawish, Business Development Manager at School mentioned how iSchool is “Creating a new generation of innovative leaders” and expressed excitement in the support from Nahdet Misr and its arm EdVentures who are “sharing the same vision we have”.
EdVentures is a corporate VC fund mainly specialized in culture, education, and innovative learning solutions in their SEED and Pre-Series A rounds. Their focus is on Africa, Egypt, and the Arab world.