EdTech platform Emonovo secures bridge round to strengthen new brand strategy

MENA – Emonovo (previously MARJ3), an education technology platform in the MENA region, has secured an undisclosed bridge round from key angel investors in the US, Europe, and MENA, as well as a follow-up investment from Flat6Labs. Emonovo uses data and technology to connect young people in the region with the greatest majors and universities throughout the world. The participating…

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Edtech startup Kukua raises US$6m in Series A round to establish its content

KENYA – Kukua, a Nairobi-based educational entertainment startup, which is the creator of the cartoon superhero brand Super Sema, has raised US$6 million in a Series A round. The round was sponsored by Tencent Investments and Italy-based VC Alchimia. Other investors in the round include EchoVC, FirstMinute Capital, and Auxxo Female Catalyst. Kukua says the financing will help it continue…

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Edtech Moringa School secures pre-Seed investment from Proparco

KENYA – Moringa School, an intensive tech education program, has received an investment from Proparco to support its expansion outside Kenya. Moringa has been training high school/university graduates to be software engineers and data scientists for the past 7 years in Kenya and has trained over 4,000 students with an employment rate of over 85%. The investment from Proparco will…

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Edtech startup Kibo School raises US$2m seed fund to launch degree program

NIGERIA – Kibo School, an online school that is set to offer several STEM degree programs targeted at students in Africa, has secured US$2 million seed funding led by Neo, a VC firm by the co-founder of Code.org. Future Africa, Pledges, Brooklyn Bridge Ventures, Transcend Network and several angel investors also participated in the round. The new funding brings the…

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Edtech startup GOMYCODE US$8m Series A funding from AfricInvest to help it expand

TUNISIA – GOMYCODE, a Tunisian edtech startup, has announced the completion of a US$8 million Series A financing. The early-growth round was co-led by AfricInvest, through its Cathay AfricInvest Innovation Fund (CAIF), and Proparco, a French-based development finance firm. GOMYCODE’s total funding now stands at US$8.85 million. In October 2020, it raised US$850,000 in startup funding. Wamda Capital, one of…

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Edtech startup Foondamate receives US$2m seed funding to increase its app usage

SOUTH AFRICA – FoondaMate, a South African edtech startup, has received US$2 million seed funding in a round led by LocalGlobe, the UK-based venture capital firm, to increase usage of its Whatsapp and Facebook-based learning chatbot throughout the globe. In addition to LocalGlobe, the round had the involvement of Emerge Education, Odunayo Eweniyi via FirstCheckAfrica, Iyin Aboyeji via Future Africa,…

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Edtech startup Sayna raises US$638k in seed round to expand geographically

MADAGASCAR – Sayna, a Madagascar-based edtech and crowdsourcing platform, has raised US$638,000 in its first seed round of funding from international venture capital firms including Launch Africa Ventures, Orange Ventures, and the MAIC Investors Club. This funding will enable the Malagasy startup to grow into other geographies, transforming it into a global enterprise. “This funding will enable us to complete…

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Edtech startup Ubongo appoints Mwasi Wilmore as new CEO

TANZANIA – Ubongo has appointed Mwasi Wilmore as its new CEO to lead the organization into a new era of Pan-African growth and sustainable impact. Ubongo is a pan-African, non-profit social enterprise aimed at significantly improving school readiness and learning outcomes and promoting social and behavioral change communication through localized edutainment (educational entertainment) for kids and their caregivers.  Mwasi joins…

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Nigerian Edtech startup 9jacodekids raises US$350k seed funding for expansion

NIGERIA – 9jacodekids, TEM education institute providing coding and robotics programs for kids aged 4 to 16 years old, has raised a seed fund of US$350,000, set for branch expansion. The seed funding was backed by an angel investor and board member of Endeavour Nigeria, Bolaji Balogun as part of the Ultima Lions’ Den Season 2 reality TV show. The…

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Egyptian edtech startup Sprints bags US$1.2M in series A funding round for expansion

EGYPT – Sprints, an Egypt-based edtech startup that offers guaranteed hiring programs has secured a US$1.2 million series A funding round to accelerate expansion in the country. The funding round was led by Alexandria Angels Network as well as participating members of MED Angels and other investors such as AUC Angels, Cubit Ventures, Challenge Fund, EdVentures, Falak Start-ups, and Cairo…

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