iSchool Closes $4.5 Million Funding Round
iSchool raised $160,000 in investment from EdVentures, the venture capital (VC) arm of Egypt’s Nahdet Misr Publishing Group in 2021.
Egypt-based edtech platform iSchool has secured $4.5 million in a funding round led by VentureWave Capital, an Irish VC, followed by OneStop Capital UK, Website Investment Network, and Oraseya Capital the venture capital arm of Dubai Integrated Economic Zones Authority, according to an announcement.[1]
The money will power iSchool's rapid growth into six more MENA countries, provide technological scalability for the "Online Coding Platform," and set the stage for the rollout of its gamified online classroom app service across Sub-Saharan Africa.
Founded in 2018, by Mohamed Algawish, Mustafa AbdelMon’em, Ebrahim Youssef, and Mohamed Nabil, iSchool offers STEAM-based learning experiences for kids aged six and 18 years old.
The curriculum fosters fundamental concepts from early childhood and covers AI, VR, App Development, Game Development, and Web Development.
iSchool raised $160,000 in investment from EdVentures, the venture capital (VC) arm of Egypt’s Nahdet Misr Publishing Group in 2021.