Egyptian VC EdVentures Announces Three New Local Edtech Investments
Investments in OBM Education, Super Fny and Crafty Workshop have been co-led by The Academy of Scientific Research and Technology.
Egyptian edtech venture capital fund, EdVentures, has announced three new investments with The Academy of Scientific Research and Technology (ASRT) in OBM Education, Super Fny, and Crafty Workshop, with the three edtech startups due to participate in EdVentures’ upcoming acceleration program.
EdVentures is Egypt's first edtech-focused corporate venture capital fund, and has been actively investing since 2017.
OBM Education is an educational services company that caters to secondary students, providing them with various training programs and events. It was founded in 2013 by Omar El-barbary, and has since launched Taleb, an online solution service.
Alexandria-based Super Fny is an online tutoring platform that looks to develop the skills of students enrolled in trade schools and improve their employability through connecting them with employers to work on projects in parallel to their technical education.
Meanwhile, Crafty Workshop offers an arsenal of online technical and pedagogical workshops and courses catered to aspiring artisans and craftspeople through online courses and other forms of video content surrounding crafts, hobbies, and lifestyle topics.
The accelerator will see the three startups take on a 12-week programme that will look to tackle three main areas: growth, investment and startup culture.
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