EdVentures, the venture capital arm of Nahdet Misr Group specialising in edtech, has selected eight new startups for funding and support, further enhancing its investment portfolio.
Launched in 2017,EdVentures is an edtech-focused corporate venture capital in the Middle East. In 2017, it was launched as the newest arm under the prosperous umbrella of Nahdet Misr Group, a pioneer in the education sector. It invests in edtech startups in the pre-seed and seed stage serving the sectors of education, culture, and innovative learning solutions.
According to a statement from the company, this selection follows a comprehensive evaluation of entrepreneurs who participated in its recent business accelerator programme.
This strategic initiative underscores EdVentures’ commitment to fostering innovation and improving the education system in Egypt, making it more accessible and of higher quality for all.
The new startups will join a distinguished roster of 14 companies that EdVentures has previously invested in, bringing its total portfolio to 22 companies.
These new investments underscore EdVentures’ strong belief in the transformative power of innovation in education and its commitment to nurturing the next generation of entrepreneurs.
These startups offer groundbreaking solutions designed to revolutionise traditional education through technology, thereby significantly enhancing the learning experience for students. The featured startups include:
Elkheta: An innovative educational platform providing tutoring lessons and exercises based on the new Egyptian curriculum to help students enhance their academic performance.
Saikoro: A platform that makes learning enjoyable by converting traditional educational content into digital formats and interactive games.
The Copywriter: An engaging educational platform that helps young individuals develop their professional skills through career guidance in creativity and writing.
Techy App: Focused on teaching STEM subjects, this app merges an electronic platform with a physical school to offer experiential learning for children and adolescents aged 6 to 18.
SchoolZ: A specialised transportation system for school students, providing a safe and convenient way to commute.
ArmStrong: An interactive online platform offering STEM courses that bridge the gap between school curricula and real-world applications, available in both Arabic and English for students aged 4 to 18.
Tutoro: A platform connecting students and teachers for face-to-face lessons, with plans to collaborate with universities and introduce an AI-powered robot assistant for future study support.
InvestED: A platform linking companies and schools to assist students who are unable to complete their education by addressing their financial needs through fundraising efforts.
Additionally, the Ministry of Communications has chosen EdVentures to manage Egypt’s digital innovation hubs, starting with the “Creativa” hub in Sohag. This initiative reinforces EdVentures’ commitment to fostering a vibrant entrepreneurial ecosystem across various governorates as the company implements and manages programmes at Egypt’s digital centres.
EdVentures continues to be dedicated to empowering learners and helping them reach their full potential through innovative educational solutions.