3 Egyptian Edtech Startups secure Funding from EdVentures

Three Egypt-based edtechs startups, OBM Education, Super Fyn, and Crafty Workshop have raised new funding from the EdVentures and the Academy of Scientific Research and Technology (ASRT).

The amount generated is unknown, and the startups are currently in the preparatory stage of taking part in a 3-month acceleration program of Edventures.

Founded by Omar El-barybary in 2013, the OBM foundation offers career development tools to high schools and college students. Also, to any individual saddled with the task of improving team performance such as the managers, human resource professionals, leaders, and consultants.

The OBM Foundation instills in the participants the requisite knowledge and skills to effectively adapt Organizational Behavior Management (OBM) in a team and, by extension, organization. It focuses on cultivating and developing effective behaviors within a company as it is an evidence-based strategy that has been proven well beyond any doubt to optimize organizational performance.

On the other hand, Super Fyn is an online platform that furnishes students in vocational schools with technical skills needed to stand a better chance for employment. This tutoring platform connects the participants with employers to work on projects that are in tandem with their technical skills.

This platform, founded by Ahmed Anwar, the Chief Executive Officer at Primo, and Ehsan Hamdy, CEO Event Manager at Super Fny, aims to assist the students in bridging the gap between theoretical knowledge and practical knowledge.

Here are the ways through which the platform works:  

• Super Fyn habilitates the participants to better fit the labor market 
• It instills in them the knowledge of entrepreneurship and to successfully run a business 
• Create awareness in the society 
• The platform also introduces new fields to the educational system to be at the same level as the labor market

The Crafty Workshop offers weaponry of virtual pedagogical and technical courses and workshops that target both the craftsmen and artisans. 

Interestingly, EdVentures is the first edtech-based corporate venture capital fund in Egypt. This company has been investing in local edtech startups since 2017.

In 2021, Educately registered the biggest round secured by an edtech startup at a whopping value of $1 million.