Deal Street

African Startup Funding Tracker

$3,204,183,000+

*Data updated daily at 18:00 EAT

Egyptian Legal Edutech Kouncel Raises USD 1.2 Mn Pre-Seed Funding
Egyptian Legal Edutech Kouncel Raises USD 1.2 Mn Pre-Seed Funding

Egypt-based legal edtech Kouncel has raised USD 1.2 Mn a pre-Seed round led by Zaldi Capital for investment, the African Development Bank (AFDB), the Academy for Scientific Research and Technology (ASRT), and Egypt’s entrepreneurship development project “Tanmia wa Tatweer”. Of the amount raised, USD 280 K will be disbursed in banknotes, while the remaining amount will be provided in-kind services.

Kouncel is an online video education platform for lawyers, offering courses on topics like arbitration, legal drafting, and intellectual property based on different jurisdictions. The platform has a wide range of courses categories such as arbitration, legal drafting, corporate law, intellectual property, banking, non-banking law, law for startups, etc. which consist of weekly learning sequences. Each learning sequence is composed of short videos interspersed with interactive learning exercises, where students can immediately practice the concepts from the videos.