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Sunday, 6 June 2021

Edtech platform iSchool raises USD 160k from Edventures

Edtech platform iSchool raised USD 160k from Nahdet Misr Publishing House’s venture capital arm Edventures, the company said in a press release (pdf). The money will be put towards developing an online platform to widen iSchool’s EdTech services locally, and expand regionally. iSchool provides STEAM-focused educational technology for students 6-18 years old to encourage students to pursue careers in software development, AI, robotics, and similar fields. Edventures had recently invested a six-figure sum in book summary platform Akhdar, and had previously said it was looking to invest into 5-7 more startups in 2021, with a ticket size of up to USD 200k and possible follow-on funding.

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