iSchool Raises $4.5M in Venturewave Capital Investment

iSchool Venturewave Capital investment represents one of the most significant edtech funding rounds in the MENA region. The $4.5 million raise enables iSchool to scale its live, instructor-led technology education platform for students aged 6 to 18 across emerging markets.

Cairo – December 20, 2023 – iSchool, a certified STEM tutoring platform for youth, secured $4.5 million in a funding round led by Venturewave Capital. The round marks a pivotal moment for the edtech sector in the region and will fuel strategic expansion, talent acquisition, and the development of mobile-first products.

Venturewave Capital Supports iSchool’s Edtech Mission.

With this investment, iSchool plans to accelerate growth, launch adaptive learning tools, and enter eight new regional markets. Venturewave Capital brings deep experience in scaling purpose-driven ventures, aligning closely with iSchool’s mission to close the digital skills gap across the Middle East and North Africa (MENA) region.

CEO Mostafa Farahat commented:

“This partnership with Venturewave Capital will allow us to take our impact to the next level. We’re empowering the next generation with real-world skills in AI, coding, and robotics.”

Expanding Access to STEM Education

iSchool has already delivered certified STEM programs to over 75,000 students across 10 countries. With backing from Flat6Labs, Sanabil 500, and now Venturewave Capital, iSchool will increase its international footprint while maintaining curriculum quality and delivery speed.

Alan Foy, Executive Chairman of Venturewave Capital, added:

“We are proud to support iSchool’s bold vision to reshape access to STEM education. The platform’s combination of pedagogy and innovation is exactly what we seek in our impact portfolio.”

About iSchool

iSchool offers live tutoring and certified STEM courses tailored for youth in emerging economies. Founded in Egypt, iSchool is now recognised as one of the top edtech startups in the Arab world.

This iSchool Venturewave Capital investment reflects a joint commitment to inclusive education, digital innovation, and regional impact. It also supports Venturewave Capital’s broader mission to back high-growth, mission-aligned ventures with scalable social benefit.

Learn more about our impact investing strategy and how we empower entrepreneurs to build the future.

Media Contact:
info@venturewave.com