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African Startup Funding Tracker

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Egyptian Edutech Startup Almentor Raises USD 10 M funding
Egyptian Edutech Startup Almentor Raises USD 10 M funding

Egypt’s Almentor, one of the leading online video learning platforms in Arabic, has raised a USD 10 M pre-Series C round of funding to accelerate its growth towards its goal of serving 10 million learners in the MENA region. e& capital, the tech investment arm of e&, led the round with participation from existing investors like Partech, Sawari Ventures, Egypt Ventures, Sango Capital and Endure Capital. The edutech plans to use the funds to increase its investment in the B2C segment and to expand in Saudi Arabia. 

Almentor provides Arab learners with the necessary skills crucially needed to advance their professional careers and personal lives. The website offers courses and presentations in various sectors, including health, humanities, technology, entrepreneurship, business management, lifestyle, drama, sports, corporate communication, and digital media, in collaboration with hundreds of leaders, educators, and experts.