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EdVentures Backs Two Egyptian Ed-Tech Startups

Daba Finance/EdVentures Backs Two Egyptian Ed-Tech Startups
STARTUP VENTURE CAPITALJanuary 10, 2025 at 2:14 PM UTC

TLDR

  • Egyptian VC firm EdVentures has announced six-figure US dollar investments in two local ed-tech startups—Schoolz and Ibn Sina Training Academy
  • Both startups were selected from a competitive pool of 10 participants in the inaugural EDVS bootcamp
  • The funding, made through its EdTech Ventures Studio (EDVS) programme, expands EdVentures’ portfolio to 24 startups

Egyptian VC firm EdVentures has announced six-figure US dollar investments in two local ed-tech startups—Schoolz and Ibn Sina Training Academy. Both startups were selected from a competitive pool of 10 participants in the inaugural EDVS bootcamp, designed to identify and support high-potential ed-tech innovators.

The funding, made through its EdTech Ventures Studio (EDVS) programme, expands EdVentures’ portfolio to 24 startups, solidifying its position as a leading ed-tech-focused corporate venture capital firm in the MENA region.

Schoolz, founded in 2020, offers tech-driven student transportation solutions, focusing on safety, affordability, and reliability. Ibn Sina Training Academy, established in 2017, specializes in medical training programs, including medical translation, coding, and digital marketing.

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Key Takeaways

EdVentures’ latest investments highlight the growing focus on education technology in MENA. By supporting startups like Schoolz and Ibn Sina, the VC firm underscores the sector's potential for impactful innovation, from addressing transportation challenges in education to enhancing medical training. The EdTech Ventures Studio programme plays a critical role in nurturing startups with tailored mentorship, resources, and funding, paving the way for scalable solutions that address pressing regional education needs. EdVentures’ continued investments signal confidence in the role of ed-tech in driving economic and social growth across the region.

Startups
Egypt
EdVentures
Schoolz
Ibn Sina Training Academy
Venture Capital

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