Nigerian Edtech Startup Edukoya Raises USD 3.5 Mn Pre-Seed Round

Nigerian online learning platform Edukoya has raised USD 3.5 Mn 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 also sees strategic participation from angel investors including European and African founders such as Paystack’s Shola Akinlade, Kuda’s Babs Ogundeyi, and Musty Mustapha, Fintech Stash’s Brandon Krieg and Ed Robinson, and Aux Money’s Raffael Johnen, among others. 

 Edukoya connects African students with the digital curriculum content and on-demand teachers for real-time online learning. The platform combines a data-enabled question bank, world-class teachers, innovative technology, and data science to deliver personalized learning across grades.