Egypt-based iSchool secures $160K Seed investment

iSchool, an Egyptian startup providing educational technology for young students, has raised a $160K Seed investment from EdVentures, the venture capital arm of Egypt’s Nahdet Misr Publishing Group.

Founded in 2018, by Mohamed Algawish, Mustafa AbdelMon’em, Ebrahim Youssef, and Mohamed Nabil, iSchool aims to help young students to learn and create careers in software development, artificial intelligence, big data, robotics, IoT, and multimedia. The startup offers a parallel STEAM-based education journey to children from 6-18 years old.


 


Said Dalia Ibrahim, CEO and Founder of EdVentures, remarked “In our ever-changing world, it is quite crucial to equip our youth with different skills and knowledge enabling them to become innovators. Such skills are acquired through STEAM education. iSchool will help us empower more students by developing their critical thinking skills and setting them up for future success.”

Mohamed Algawish, the Co-Founder of iSchool, added “Creating a new generation of innovative leaders has always been our vision from day one. We are glad that a leading company in the field of education, such as Nahdet Misr and its arm EdVentures, is sharing the same vision we have. Their investment and support will accelerate our growth to develop and expand our services in more countries.”

The startup plans to use the investment to develop an online platform to widen its EdTech services in Egypt and expand to other MENA countries.


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