{"id":613917,"date":"2024-01-23T00:00:00","date_gmt":"2024-01-23T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/23\/edtech-startup-edura-closes-six-figure-usd-pre-seed-round\/"},"modified":"2024-01-23T00:00:00","modified_gmt":"2024-01-23T00:00:00","slug":"edtech-startup-edura-closes-six-figure-usd-pre-seed-round","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/23\/edtech-startup-edura-closes-six-figure-usd-pre-seed-round\/","title":{"rendered":"Edtech startup Edura closes six-figure USD pre-seed round"},"content":{"rendered":"

There\u2019s investor appetite for local edtech startups: <\/strong>Edtech startup Edura<\/a> has closed a six-figure USD pre-seed round led by local tech company Smart Zone Startup Studio<\/a>, co-founder and CEO Osama Abdelwahed told Enterprise. Smart Zone contributed 80% of the funds and the remaining amount was deployed by an unnamed angel investor, Abdelwahed added.<\/p>\n

About Edura:<\/strong> Founded in 2021, Edura offers pre-recorded and live interactive lessonsand online assessments to both K-12 and university students. It currently serves over 190k students across all educational levels with the help of over 2.4k teachers, the company said in a statement (pdf)<\/a> yesterday. <\/p>\n

Where\u2019s the money going?<\/strong> The investment will help Edura \u201cenhance the platform's capabilities, expand its operations, and strengthen the development team,\u201d the statement reads. The company also plans to invest in expanding its customer base and to ramp up spending on marketing to reach more teachers across the country, Abdelwahed said.<\/p>\n

More funds are on the way:<\/strong> Edura plans to close a seed round before the end of the year,Abdelwahed said.<\/p>\n

\n

ALSO FROM PLANET STARTUP-<\/p>\n

Thndr sets up a research unit: <\/strong>Thndr Securities has launched a research platformunder a sister brand dubbed Rumble<\/a>, after it received a research license allowing it to offer insights and recommendations to investors, the online trading platform announced in a statement (pdf)<\/a> yesterday.<\/p>\n

What they said: <\/strong>\u201cBy separating research and brokerage brands, we are transforming researchfrom being perceived as a cost center into a dynamic, independent entity that delivers high-quality, previously inaccessible information in a user-friendly manner, while ensuring there is no conflict of interest and maintaining the integrity and reliability of our recommendations,\u201d head of fundamental research at Thndr Securities Amr Elalfy said.<\/p>\n","protected":false},"excerpt":{"rendered":"

Edura offers students pre-recorded and real-time interactive lessons and online assessments<\/p>\n","protected":false},"author":1,"featured_media":613918,"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":[401,8324,72,95,123],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-613917","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup-watch","tag-edtech","tag-edura","tag-enterpriseam","tag-startup-watch","tag-startups","wpautop","entry"],"acf":{"mongo_id":"914f95f0-ca31-453d-bf32-5061bd0ade57","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/1\/1880.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egyptian edtech startup Edura closes six-figure USD pre-seed round","related_issue":[613910],"teaser":"Edura offers students pre-recorded and real-time interactive lessons and online assessments","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.ec8698ac-f664-466e-b435-5bf9a99f3683.mp3"},"yoast_head":"\nEdtech startup Edura closes six-figure USD pre-seed round - 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The company will use the investment to integrate new tech including AI and blockchain into\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\/2021\/11\/524.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":549106,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/04\/edtech-emonovo-raises-undisclosed-bridge-round-shezlong-subsbase-plan-expansion\/","url_meta":{"origin":613917,"position":1},"title":"Edtech Emonovo raises undisclosed bridge round + Shezlong, SubsBase plan expansion","author":"enterpriseam admin","date":"4 September 2022","format":false,"excerpt":"We\u2019ve got a bunch of startup news for you this morning: Local edtech firm Emonovo has raised a fresh bridge round, and two Egyptian startups \u2014 mental health startup Shezlong and subscription management platform SubsBase \u2014 are heading to South Africa.First up: Edtech Emonovo has raised a bridge round led\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\/9\/111.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":644047,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/19\/local-edtech-platform-farid-secures-usd-250k-in-pre-seed-round\/","url_meta":{"origin":613917,"position":2},"title":"Local edtech platform Farid secures USD 250k in pre-seed round","author":"enterpriseam admin","date":"19 September 2024","format":false,"excerpt":"The funding will help the company expand its platform and expand into Saudi Arabia and the UAE","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\/2024\/9\/1463.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":542754,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/16\/orcas-raises-usd-2-1-mn-pre-series-a-round\/","url_meta":{"origin":613917,"position":3},"title":"Orcas raises USD 2.1 mn pre-series A round","author":"enterpriseam admin","date":"16 January 2022","format":false,"excerpt":"EXCLUSIVE- Orcas raises USD 2.1 mn pre-series A round: Egyptian edtech startup Orcas raised USD 2.1 mn in a pre-series A round co-led by our friends at CIRA\u2019s NFX Ventures, and Access Bridge Ventures, according to a statement (pdf). Algebra Ventures, Launch Africa Ventures, Cairo Angels Syndicate Fund (CASF), and\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\/1\/171.jpeg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":548889,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/25\/edtech-startup-obm-lands-usd-six-figure-investment-from-edventures\/","url_meta":{"origin":613917,"position":4},"title":"Edtech startup OBM lands USD six-figure investment from EdVentures","author":"enterpriseam admin","date":"25 August 2022","format":false,"excerpt":"Student career advising startup OBM Education has secured a six-figure USD investment from EdVentures, according to a company statement (pdf) by the edtech-focused VC. 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":545720,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/10\/edtech-startup-sprints-closes-usd-1-2-mn-series-a-round\/","url_meta":{"origin":613917,"position":5},"title":"Edtech startup Sprints closes USD 1.2 mn Series A round","author":"enterpriseam admin","date":"10 April 2022","format":false,"excerpt":"Cairo-based edtech startup Sprints has closed a USD 1.2 mn Series A round led by the Alexandria Business Angels Network and with the participation of MED Angels members, AUC Angels, Cubit Ventures, \u201cChallenge Fund,\u201d EdVentures, and Falak Startups, local media reported, citing a company press release. About Sprints: Founded in\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\/4\/181.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/613917","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=613917"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/613917\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/613910"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/613918"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=613917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=613917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=613917"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=613917"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=613917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}