almentor raises $6.5 million Series B round
Dubai-based video e-learning platform almentor, has raised $6.5 million in a Series B funding round, led by Partech, with participation from Sawari Ventures, Egypt Ventures and Sango Capital. This brings the total investment raised by almentor to date to $14.5 million.
Founded in 2016 by Ihab Fekry and Ibrahim Kamel, almentor offers an exclusive catalogue of training courses and expert talks. It leverages more than 80 enterprise partnerships across the Middle East and North Africa (Mena) region, and has so far delivered over two million learning experiences.
Press release
almentor.net, the leading video e-learning platform in the MENA region, has announced raising $6.5 million in series B Funding. Partech led this financing round, with the participation of Sawari Ventures, Egypt Ventures and Sango Capital, thus bringing the total financing that the company has garnered since its inception to $14.5 million.
Alexander O. Onukwue
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Almentor, a video-based online learning platform for the Middle East and North Africa, has raised $6.5m in a Series B round led by Partech from its Africa Fund.
The startup was founded in 2016 when Ihad Fikry and Ibrahim Kamel decided there was a need to cater to the learning needs in the MENA region that were not provided by other platforms.
âWe live in a region with a population of 400 million-plus people but 90% of them cannot learn properly in any other language but Arabic,â Ihab Fikry, Almentorâs co-founder and CEO, says to TechCabal.