EdVentures, the venture capital arm of Nahdet Misr Group specializing in educational technology, has made significant investments in eight promising edtech startups. These companies—Elkheta, Saikoro, The Copywriter, Techy App, SchoolZ, ArmStrong, Tutoro, and InvestED—will join the latest business EdVentures, the venture capital arm of Nahdet Misr Group, has invested in eight new edtech startups. These companies—Elkheta, Saikoro, The Copywriter, Techy App, SchoolZ, ArmStrong, Tutoro, and InvestED—will join its latest accelerator programme.
EdVentures’ partnership with Egypt’s Ministry of Communications
Egypt’s Ministry of Communications has selected EdVentures to manage the country’s digital innovation hubs, starting with the “Creativa” hub in Sohag. This reinforces EdVentures’ role in digital education transformation.
Expanding EdVentures’ Portfolio
The eight startups increase EdVentures’ portfolio to 22 companies. This demonstrates its commitment to improving education through technology and supporting entrepreneurs with innovative solutions.
The Startups Driving Educational Innovation
Each startup offers unique solutions to modernize education:
- Elkheta: Provides tutoring and exercises based on Egypt’s curriculum to boost academic performance.
- Saikoro: Turns traditional educational content into fun, interactive games.
- The Copywriter: Helps young learners develop creative writing and professional skills.
- Techy App: Offers hands-on STEM learning for children aged 6 to 18 through a hybrid model.
- SchoolZ: Provides safe and convenient school transportation services.
- ArmStrong: Delivers STEM courses connecting academic content to real-world applications for students aged 4 to 18.
- Tutoro: Connects students with teachers for in-person lessons and plans to introduce AI study tools.
- InvestED: Helps raise funds for students in financial need to complete their education.
Managing Egypt’s Digital Innovation Hubs
EdVentures will manage Egypt’s digital innovation hubs, starting with the Sohag “Creativa” hub. This initiative promotes entrepreneurship and innovation in Egypt’s education sector.
Empowering the Future of Education
Through investments and partnerships, EdVentures continues to support innovative educational solutions. It aims to make learning in Egypt more accessible and effective, helping students reach their full potential.
Discover the State of Funding in MENA – 2019 to 2023 :
https://assiyaq.com/the-state-of-startup-funding-in-mena-2024-report/ of this month is taking you through the ups and downs of MENA’s startup funding over the last 5 years. If you’re a startup founder, an investor or an ecosystem builder, this is your chance to learn from the past, spot the trends, and write your own success story.
Don’t miss out on knowing the history that could shape our future!
