عربي

Abwaab raises $5.1 million in Seed funding for expansion

Abwaab raises $5.1 million in Seed funding for expansion

Jordan-based edtech startup Abwaab has raised $5.1 million in Seed funding from 4DX Ventures, BECO Capital, EQ2 Ventures, Foundation Ventures, GSV Ventures, and Spartech Ventures. This latest round brings Abwaab’s total investment to date to $7.5 million, which it is planning to use to expand across the Middle East, starting with Egypt.

Founded in 2019, the educational platform offers Arabic-speaking secondary school students in Jordan remote learning services to use at their own pace, with 50,000 video lessons from teachers to help accelerate students’ performance at school.  

“Our region is home to over 100 million students,” said Hamdi Tabbaa, co-founder and CEO of Abwaab. “To unleash their full potential, we are empowering the upcoming generation with education. There is no region more ripe for education disruption than ours, and the entire Abwaab team has set sail to take this challenge head-on.”

The startup also plans to invest in its technology to better track its users’ progress. 

"GSV is proud to make Abwaab our first investment in the Mena region,” said Deborah Quazzo, managing partner at US-based GSV Ventures. “To us, Abwaab represents the opportunity for a deeply talented team of entrepreneurs to dramatically increase access to high-quality education first in Jordan and then in Mena more broadly.”

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