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Sunday, 10 April 2022

Edtech startup Sprints closes USD 1.2 mn Series A round

Cairo-based edtech startup Sprints has closed a USD 1.2 mn Series A round led by the Alexandria Business Angels Network and with the participation of MED Angels members, AUC Angels, Cubit Ventures, “Challenge Fund,” EdVentures, and Falak Startups, local media reported, citing a company press release.

About Sprints: Founded in 2019 by Ayman Bazaraa (LinkedIn) and Bassam Sharkawy (LinkedIn), Sprints aims to bridge the tech talent gap in MEA. The company offers online training programs to software developers, as well as crash courses in cybersecurity, artificial intelligence, project management and more. Sprints bills itself as the MEA region’s only edtech startup that offers guaranteed hiring programs.

Looking ahead: “Over the next three years, we aim to revolutionize the technology sector by raising skills and securing employment for 1 mn young people,” Bazaraa said.

 

EDITOR’S NOTE- This story was amended on 10 April, 2022 to remove Cairo Angels from the list of participating investors. 

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