Local edtech startup Taawoni raised USD 1.6 mn in a funding round led by M Capital, the company said in a post on LinkedIn on Friday.

Use of proceeds: The fresh funds will be used to fast-track Taawoni’s growth and geographic expansion, as well as enhance its AI-powered professional development platform.

About Taawoni: Founded in 2021 by Aliyah Alghubayn (LinkedIn), the startup connects universities with private and public sector organizations by automating cooperative training programs. To date, Taawoni has facilitated training for 68k individuals through partnerships with over 800 companies and 14 universities, according to figures published on its website.

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