South African Edtech FoondaMate Secures USD 2 Mn Seed Funding

South African edtech startup FoondaMate has secured USD 2 Mn seed funding in a round led by LocalGlobe, the UK-based venture capital firm, to drive uptake of its Whatsapp and Facebook-based learning chatbot across the globe. Other investors in the round include Emerge Education, Odunayo Eweniyi, Iyin Aboyeji, LoftyInc, Marcus Swanepoel, and Isaac Oates.

Foondamate helps students with their revision by giving them immediate answers to questions and access to revision papers, while also guiding them in responses to questions. Educators also use FoondaMate’s integrated resources to set and post homework and to share other learning materials with students.