BibliU closes second half of $12M Series A funding round

BibliU, an online platform that provides students with access to their textbooks and libraries, has successfully closed the second half of its $12M Series A funding round, from UAE-based Spartech Ventures. The startup raised the first half of the funding round ($10M) in April, led by Nesta Impact Investments, with participation from Guinness Asset Management and Oxford Sciences Innovation.


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• BibliU's mission is to deliver affordable, quality, and accessible course materials to higher education institutions - all delivered via BibliU’s platform.
• In the past year, BibliU has seen usage quadruple, with approximately 300,000 students provided with access to the platform.
• BibliU offers a variety of flexible purchasing options, understanding that every institution has different needs and requirements.

Dave Sherwood, CEO and Co-Founder said, "Our partnership with Spartech Ventures has really highlighted that the need for education technology, both during the current crisis and in the following years, is a global one. Spartech is very much attuned to this need, and we’re incredibly happy to leverage their expertise to create a platform that works for institutions and students everywhere."

Read the full press release below. 


BibliU is delighted to announce that the company has partnered with Spartech Ventures, the Dubai-based VC investor, as BibliU concludes the second half of its $12m Series A funding round.

A truly global approach to learning is one of BibliU key goals, and the expertise and experience of investors are absolutely crucial to their mission of delivering affordable, quality, and accessible course materials to higher education institutions - all delivered via BibliU’s platform.

The Middle East and North Africa pride itself on a long history of educational innovation, and as a home to countries with some of the youngest populations on earth, it has never been more important to harness that spirit. BibliU is grateful for Spartech’s support in helping make this a reality in MENA and around the globe.

Sachhyam Regmi, Managing Director of Spartech Ventures had this to say about the funding round, and why they thought it was important to invest in BibliU at this crucial time, “What attracted us to BibliU is how they are enhancing the way students consume content at universities. Bibliu has an opportunity to break the content barrier in the region by offering regional institutions with access to content similar to that offered to global prestigious institutions/customers such as University of Oxford, London Business School amongst others.”

Yagub Alserkal, Managing Director of Spartech Ventures added “Bibliu is an exciting EdTech platform to introduce to the region. We are certainly excited to have joined the Bibliu family and look forward to supporting their growth story in the MENA region and beyond”

Dave Sherwood, CEO and Co-Founder of BibliU, added: "It’s an exciting time for EdTech, and BibliU in particular. In the past year, we’ve seen usage quadruple, with approximately 300,000 students provided with access to the platform, and expect that number to double again over the coming year.

"Our partnership with Spartech Ventures has really highlighted that the need for education technology, both during the current crisis and in the following years, is a global one. Spartech is very much attuned to this need, and we’re incredibly happy to leverage their expertise to create a platform that works for institutions and students everywhere."

With Spartech Ventures, BibliU will remain at the forefront of the digital revolution in education, providing a best-in-class platform to educational institutions worldwide. In the United Kingdom, BibliU works with the majority of universities, including running the largest free eTextbook program in the UK and EU with Coventry University. In the United States, they run the largest digital content programs in the country, having recently signed an agreement with the University of Phoenix and Grand Canyon University, with their c. 180,000 students accessing their core reading resources online through BibliU’s platform, all included within the cost of their tuition.

BibliU offers a variety of flexible purchasing options, understanding that every institution has different needs and requirements. Drawing from their experiences with hundreds of institutions large and small, they work to ensure that BibliU’s platform works best for students with the best possible ROI.


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Pakistani startups saw $18M invested in H1 2020, with the overall number of deals increasing by 13% to 17 deals from H1 2019, illustrating the potential of Pakistan to become the next big South Asian entrepreneurial hotspot. Discover more trends in our H1 2020 Pakistan Venture Investment Report.