Egyptian Edutech Startup iSchool Raises USD 4.5 M Funding

Egyptian edutech startup iSchool has raised USD 4.5 M in funding to accelerate its expansion plans into six additional countries in the MENA region, among other things. The round was led by VentureWave Capital, an Irish VC, followed by OneStop Capital UK, Webit Investment Network, and Oraseya Capital, the VC arm of the Dubai Integrated Economic Zones Authority.

iSchool offers a parallel STEAM-based education journey to children from 6-18 years old. The STEAM program includes learning objectives, milestones, projects, activities, certificates, and competitions customized to fit the student’s age. The curriculum spans AI, VR, app development, game development, and web development. The new funding will accelerate iSchool’s expansion plans into six additional countries in the MENA region, as well as establishing its presence in Ireland, propelling the company to a global scale, and plans to grow a new team in Dublin. It will also facilitate technological scaling for the online coding platform, and prepare for the extension of its gamified online classroom app service throughout Sub-Saharan Africa.