School of Humanity, a Dubai-based online high school focusing on future readiness by offering personalized, interdisciplinary, and industry leader mentorships, has closed a SEED round.
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UAE's School of Humanity, an online High School, has closed a SEED round by Education in Motion (EiM), an education provider based in Singapore. In addition to growth capital, the EiM investment includes strategic human capital resources that will enable the School of Humanity to broaden and deepen its core capabilities.
Founded by education entrepreneur Raya Bidshahri, School of Humanity offers high school learners from around the world the ability to develop the skills, mindsets, and behaviors they need to be ready for the future of work, and contribute to collective human progress and flourish in individual life. The online four-year High School, along with its Summer School and After School offerings, center on interdisciplinary learning pathways focused on global learners solving real-world problems in a collaborative, project-based, and personalized way. The model is based on research from the World Economic Forum and OECD and integrates proven pedagogies including challenge-based and mastery-based learning.
EdTech in MENA is a sector that has observed a growing influx of capital catalyzed by the pandemic and the growing need for remote and hybrid lifestyles in the past two years having aggregated almost $90M across 50+ deals. The sector is now seeing a gradual slowdown in terms of funding though still closing a notable number of transactions, as seen in our MENA Q1 2022 Venture Investment Report. The sector has already leveled up with the number of deals recorded in the first quarter of this year in just two months of Q2. The industry has expanded its portfolio from online learning with sizable investments to providing mentorship with Qureos, access to reputable universities across Africa with Enko Education, providing internet for online learning with Foondamate, and even a Crypto & Blockchain E-Learning Platform with Coinmarketpedia. Another notable trend for the sector has been the closing of Early-Stage deals with huge amounts of capital being invested in Pre-SEED and SEED rounds.
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The COVID-19 pandemic has propelled the global introduction and adoption of progressive education models at every level of online, hybrid, and offline schooling. For many, the pandemic exposed severe fault lines in more traditional education systems, including an inability to transition effectively to a digital-first world, and a lack of relevance due to changing work demands and learning preferences among today’s youth. EiM co-Founder and Chief Collaboration Officer, Karen Yung, commented: “Our investment in a strategic partnership with School of Humanity is a critical step in our quest to build a portfolio of innovative education brands empowering the next generation of young people with the knowledge, skills, and motivation to make a difference for society and the planet, given the ever-accelerating rate of change. School of Humanity’s innovative pedagogy and online-first engagement models are completely aligned with that task and our vision for the future of education.”
School of Humanity has drawn significant interest from governments, foundations, and corporations looking to provide young people with a supplemental or alternative path to traditional education. Founder and CEO Raya Bidshahri noted, “The EiM strategic partnership and investment are a further endorsement of our mission and our innovative methods, and will enable us to quickly translate our early momentum into significant near-term scale. Our two organizations are completely aligned regarding what the world and our young people need from education today, and that is to become future-ready.”
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