iSchool, an Egyptian startup that teaches programming to children of elementary to high school age, has secured $4.5m in a funding round led by Capital Ventures Wave, an Irish venture capital firm.
The round also included UK Capital OneStop, Webit Network Investment, and Capital Oraseya, the investment arm of Dubai’s Integrated Economic Zone Authority.
Founder & CEO of iSchool, Mohamed Gawish, said in a Facebook post that the funding will enable iSchool expand into six new markets in the Middle East and North Africa, as well as to scale up its technology and online live classroom service across Africa.
The new funding round will support the company’s plans to groom thousands of programming trainers who can teach from their homes through the iSchool platform with just one click.
iSchool was founded in 2018 as the first Egyptian school accredited by the STEM organisation. The company teaches various technology subjects to children aged between 6 and 18 years old, such as software development, artificial intelligence, robotics, the Internet of Things, and cloud computing.