{"id":609486,"date":"2023-11-06T00:00:00","date_gmt":"2023-11-06T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/06\/edtech-startup-obm-secures-six-figure-investment-for-saudi-expansion\/"},"modified":"2023-11-06T00:00:00","modified_gmt":"2023-11-06T00:00:00","slug":"edtech-startup-obm-secures-six-figure-investment-for-saudi-expansion","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/06\/edtech-startup-obm-secures-six-figure-investment-for-saudi-expansion\/","title":{"rendered":"Edtech startup OBM secures six-figure investment for Saudi expansion"},"content":{"rendered":"

Value Makers Studio invests in local edutech startup OBM Education: <\/strong>Student career advising startup OBM Education has secured a six-figure USD investment from Saudi accelerator Value Makers Studio (VMS), it said in a statement (pdf)<\/a> yesterday.<\/p>\n

About OBM:<\/strong> Founded in 2020 by Omar El Barbary (LinkedIn<\/a>) and Ezz El Din Farag (LinkedIn<\/a>), OBM provides career advice, mentoring, and training programs to middle- and high-schoolers through summits, programs, and a mobile application. OBM has helped over 500k students and their Talab application has more than 180k users, according to its website.<\/p>\n

Where the money\u2019s going:<\/strong> OBM Education is looking to expand its footprint in Saudi Arabia. The startup wants its flagship Talab mobile application to play a part in the kingdom\u2019s Vision 2030 ambitions to transform education. <\/p>\n

This isn\u2019t OBM\u2019s first six-figure USD investment: <\/strong>OBM also got a six-figure US<\/a>D investment<\/a> from education-focused VC EdVentures last year.<\/p>\n","protected":false},"excerpt":{"rendered":"

The new investment comes less than two years since local VC EdVentures made a six-figure USD equity investment in the company<\/p>\n","protected":false},"author":1,"featured_media":609487,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7258],"tags":[73,72,11740,95,123,8543,200],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-609486","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup-watch","tag-education","tag-enterpriseam","tag-obm-education","tag-startup-watch","tag-startups","tag-value-makers-studio","tag-venture-capital","wpautop","entry"],"acf":{"mongo_id":"a5e38745-faf9-40f6-a008-c2f295aa23bc","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/11\/251.jpeg","photo_position":"above","homepage_title":"","full_issue_title":"Edtech startup OBM lands six-figure investment for Saudi expansion","related_issue":[609473],"teaser":"The new investment comes less than two years since local VC EdVentures made a six-figure USD equity investment in the company","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/11\/.40a72901-6f59-457d-bf3b-70976255aaf3.mp3"},"yoast_head":"\nEdtech startup OBM secures six-figure investment for Saudi expansion - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/06\/edtech-startup-obm-secures-six-figure-investment-for-saudi-expansion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Edtech startup OBM secures six-figure investment for Saudi expansion\" \/>\n<meta property=\"og:description\" content=\"The new investment comes less than two years since local VC EdVentures made a six-figure USD equity investment in the company\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/06\/edtech-startup-obm-secures-six-figure-investment-for-saudi-expansion\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-06T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/251.jpeg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/06\/edtech-startup-obm-secures-six-figure-investment-for-saudi-expansion\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/06\/edtech-startup-obm-secures-six-figure-investment-for-saudi-expansion\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Edtech startup OBM secures six-figure investment for Saudi expansion\",\"datePublished\":\"2023-11-06T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/06\/edtech-startup-obm-secures-six-figure-investment-for-saudi-expansion\/\"},\"wordCount\":158,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/06\/edtech-startup-obm-secures-six-figure-investment-for-saudi-expansion\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/251.jpeg?fit=%2C&ssl=1\",\"keywords\":[\"Education\",\"EnterpriseAM\",\"OBM Education\",\"Startup watch\",\"startups\",\"Value Makers Studio\",\"venture capital\"],\"articleSection\":[\"Startup watch\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/06\/edtech-startup-obm-secures-six-figure-investment-for-saudi-expansion\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/06\/edtech-startup-obm-secures-six-figure-investment-for-saudi-expansion\/\",\"name\":\"Edtech startup OBM secures six-figure investment for Saudi expansion - 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The company will use the funds to develop its new app, Taleb, which will provide career advice to students from the ages of 12 to 19,\u2026","rel":"","context":"In "Startup watch"","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/395.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":607898,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/11\/saudi-egyptian-alliance-mull-local-startup-mazaid-stake-while-akhdar-awfar-and-obm-education-secure-saudi-funds\/","url_meta":{"origin":609486,"position":1},"title":"Saudi-Egyptian alliance mull local startup MazAid stake, while Akhdar, Awfar, and OBM Education secure Saudi funds","author":"enterpriseam admin","date":"11 October 2023","format":false,"excerpt":"The Saudi-Egyptian alliance is looking to acquire nearly half of the homegrown startup","rel":"","context":"In "Startup watch"","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/558.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":542522,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/02\/three-edtech-startups-close-rounds\/","url_meta":{"origin":609486,"position":2},"title":"Three edtech startups close rounds","author":"enterpriseam admin","date":"2 January 2022","format":false,"excerpt":"EdVentures, ASRT go big on edtech: Three edtech startups received unspecified equity investments from education focused VC EdVentures and the Academy of Scientific Research and Technology (ASRT) \u2014 a nonprofit organization affiliated to the Higher Education Ministry, according to a press release (pdf). 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The capital raised will help the company expand locally, growing\u2026","rel":"","context":"In "Startup watch"","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/338.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":610114,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/15\/edtech-startup-akhdar-lands-investment-from-saudi-accelerator\/","url_meta":{"origin":609486,"position":4},"title":"Edtech startup Akhdar lands investment from Saudi accelerator","author":"enterpriseam admin","date":"15 November 2023","format":false,"excerpt":"Akhdar now boasts 1.5 mn users after having started off as just a YouTube channel in 2016","rel":"","context":"In "Startup watch"","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/11\/783.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":609531,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/06\/this-evening-egypt-signs-10-transport-agreements-at-transmea\/","url_meta":{"origin":609486,"position":5},"title":"THIS EVENING: Egypt signs 10 transport agreements at TransMea","author":"enterpriseam admin","date":"6 November 2023","format":false,"excerpt":"Good afternoon, friends, and happy Monday. 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