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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Nigerian ed-tech startup Klas secures US$130k seed round for expansion

NIGERIA – Klas, a Nigeria-based education technology company building the future of online teaching, has raised US$130,000 in an angel round to expand its global footprints of online schools. Klas is a virtual learning platform that allows anyone to open a virtual school as well as provide live lectures. Their goal is to unleash the power of knowledge exchange. The…

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Unity Bank partners AltSchool to empower female software engineers

NIGERIA – Nigeria’s retail lender, Unity Bank Plc, has collaborated with AltSchool Africa to sponsor female students towards the acquisition of specialist software skills. This partnership is in commemoration of International Women’s Day (IWD) 2022 and an empowerment initiative to boost the capacity of the female gender. AltSchool Africa is a school for individuals looking to gain technical skills and…

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Edtech firm Excel@Uni secures US$314k from impact investor E Squared

SOUTH AFRICA – Excel@Uni, a South African edtech firm, has raised R4.74 million (US$314,000) from impact investor E Squared to assist address the challenges that higher education faces. The funding, along with non-financial support from E Squared’s Pathways Accelerator Programme for Allan Gray Fellows, will help the company scale student success interventions. The interventions are such as, a system that…

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Nigeria’s AltSchool closes US$1M pre-seed funding to scale operation across Africa

NIGERIA – AltSchool, a Nigerian startup helping individuals to gain technical skills, has raised US$1 million in pre-seed funding to scale its efforts in training people to become junior to mid-level engineers. AltSchool has an online school with a curriculum to upskill non-technical people with technical and soft skills.  It partners with higher institutions to provide diploma certificates to students.…

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Edtech startup Orcas receives US$2m funding for its technology offering

EGYPT – Orcas, an Egyptian live learning edtech startup, has received US$2.1 million in funding from CIRA’s NFX Ventures and Access Bridge Ventures. Algebra Ventures, Launch Africa Ventures, Cairo Angels Syndicate Fund, and Seedstars International all participated in this pre-series A round. Orcas will use the new money to continue developing its technology offering, attract more talent, and expand to…

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Online learning platform Edukoya raises US$3.5m pre-seed funding for its transition plan

NIGERIA – Edukoya, an online learning platform, has raised US$3.5 million in a pre-seed funding round led by Target Global, which it will use to transition from beta to live launch and build its team and customer base. The round was led by Target Global and saw strategic participation from angel investors including European and African founders such as Paystack’s…

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