Edtech startup Sprints has raised USD 3 mn in a bridge funding round led by Disruptech Ventures, which will support its plan to tap into ten new markets, the company said in a statement (pdf). The round also drew investments from Nahdet Misr’s VC arm EdVentures and Holland’s Challenge Fund for Youth Employment.

What they said: “We’re a proud force of passionate trailblazers, consisting of over 100 employees and 300 trainers from 12 countries, united by a single mission, to revolutionize education through AI. This investment is a resounding validation of the team’s tireless efforts and unwavering dedication,” CEO and co-founder of Sprints, Ayman Bazaraa said.

About Sprints: Founded in 2019 by Ayman Bazaraa (LinkedIn) and Bassam Sharkawy (LinkedIn), Sprints works to bridge the tech talent gap in MEA. The company offers online training programs to software developers, as well as crash courses in artificial intelligence, cybersecurity, data science, and cloud computing, among others. The firm bills itself as the MEA region’s first edtech startup that offers guaranteed hiring programs.

Sprints says it has delivered over 52k learning experiences while working with the governments of Egypt, Saudi Arabia, the UAE, the Netherlands, Germany and the US, as well as UN organizations.

More investments to come from EdVentures this year: EdVentures plans to invest up to USD 500k each into 10-12 Egyptian and international startups in 2024, Nahdet Misr CEO and EdVentures founder Dalia Ibrahim told Enterprise in an interview last month.

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