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Three edtechs raise funding from EdVentures, ASRT

Three edtechs raise funding from EdVentures, ASRT
  • Egypt-based edtechs OBM Education, Super Fny and Crafty Workshop have raised fresh funding from EdVentures and The Academy of Scientific Research and Technology (ASRT).
  • EdVentures has been actively investing in local edtech startups since 2017.

Egypt-based edtechs OBM Education, Super Fny and Crafty Workshop have raised fresh funding from EdVentures and The Academy of Scientific Research and Technology (ASRT). The amount raised by the three startups remains undisclosed.

The three edtechs are also set to participate in EdVentures' three-month acceleration programme.

OBM foundation, founded in 2013 by Omar El-barbary, offers career development navigation tools for high school and university students. Super Fny is an online tutoring platform that looks to help students enrolled in vocational schools foster their technical skills and improve their employability. Crafty Workshop offers an arsenal of online technical and pedagogical workshops and courses aimed at artisans and craftspeople.

EdVentures is Egypt's first edtech-focused corporate venture capital (VC) fund; the company has been actively investing in local edtech startups since 2017. 

In November, Educately notched up the largest round raised by an edtech startup in 2021 at a value of $1 million

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