Egypt-based legal edtech Kouncel announced that it has raised $1.2 million in a pre-Seed round led by Zaldi Capital for investment, the African Development Bank (AFDB), the Academy for Scientific Research and Technology (ASRT) and Egypt’s entrepreneurship development project “Tanmia wa Tatweer”
Founded by Ibrahim Saleh in 2022, Kouncel is an online video education platform for lawyers, offering courses on topics like arbitration, legal drafting and intellectual property based on different jurisdictions.
Saleh explains that €250,000 of the funding will be disbursed in cash, while the balance will be provided in-kind as services.
Kouncel provides an online platform which aims to provide lawyers and enterprises in the MENA region with modern learning by providing them with a unique educational experience based on their different jurisdictions.
The platform has a wide range of courses categories such as arbitration, legal drafting, corporate law, intellectual property, banking and non-banking law, law for startups, etc. which consist of weekly learning sequences. Each learning sequence is composed of short videos interspersed with interactive learning exercises, where students can immediately practise the concepts from the videos. The courses often include tutorial videos that are similar to small on-campus discussion groups, an online textbook, and an online discussion forum where students can post and review questions and comments to each other and teaching assistants.
“Education forms a key part of Egyptian Economic Vision 2030, and law plays an important role in creating a healthy environment for businesses and pushes FDIs forward. and we aim to provide a highly sophisticated education experience to everyone in the legal field which will positively impact the ecosystem,” said Ibrahim Saleh, founder and CEO of Kouncel.
“Legal education has never been easier – discover various topics in the legal field and master law with Mena’s top counsels.”