EdVentures
21 Ahmed Orabi St., Mohandesin, Giza, Giza, Egypt
Overview
EdVentures is a corporate venture capital that invests in startups specializing in education, culture and innovative learning solutions in SEED and Pre-Series A rounds focusing on Egypt, Africa, and the Arab World. The corporate VC was launched in 2017 by Nahdet Misr Publishing House. It provides technical and financial support to startups in order to ensure success and continuity in the market by providing investment according to the needs and maturity level of each company.
- Total investments
- 4
- Lead investments
- 3
- Investments · 12mo
- 0
- Active investors
- 3
Sector focus
- EdTech
- Education
- Financial Services
- Venture Capital
Investment portfolio
- Sprints
Led · Equity · Apr 2024
Sprints is an AI-powered educational technology company that delivers personalized learning journeys and a job guarantee aimed at closing the tech talent gap. The company was founded in 2019 by Ayman Bazaraa and Bassam Sharkawy and is based in Maadi al Khahiri, Cairo, Egypt. Sprints reports 51–200 employees and a stated goal to educate one billion students in ten years. The startup says it will expand into new markets across the MEA region to establish the area as a tech talent hub. Financially, the company has reported $3.0 million in total funding to date, raised as bridge financing. Sprints is a Cairo-based EdTech startup that provides an end-to-end solution to bridge the tech talent gap. Founded in 2019 by Ayman Bazaraa and Bassam Sharkawy, it identifies talent pools and offers tailored learning paths plus job-placement support. Its programs use a comprehensive learning method in which students meet role-played customers, gather design requirements, and build software products on a weekly basis. Sprints runs guaranteed-to-hire programs across MEA and assists alumni with ongoing professional development. Graduates who secure employment pay via 0% interest payments over three years. The company recently raised $1.2 million in a seed round.
- Career 180
Led · Seed · Sep 2019
Career 180, founded in 2016 by Shrouk Alaa Eldin and Mohamed Akmal, operates a career advising platform combining online tools and offline workshops and events. The startup aims to guide youth at the onset of their careers by linking them to experts, mentorship and opportunities. Its product mix includes an online platform plus in-person career workshops and events across Egypt. The company announced a $100,000 seed funding round from EdVentures to support its growth. The investment is intended to help develop the online platform and expand the startup's workshops and events nationwide. The deal was concluded in May, according to co-founder Shrouk Alaa Eldin.
- COLNN
Led · Seed · Jul 2019
Colnn offers a web-based school management SaaS and an integrated mobile app that links teachers, parents and students and helps schools manage internal processes, departments and activities. The service is designed to optimise use of schools' available resources. The startup works with about 30 schools in Egypt and has over 3,000 registered users, with a target of 20,000 users by the end of the year. Colnn was founded in 2015 by Tamer Samir. The company had been bootstrapped until this funding and underwent a six-month in‑house incubation programme with its new investor. Management has said the startup plans to sign deals in GCC and MENA countries in the coming months.