Abwaab raises $20M Series A led by BECO Capital to expand across MENA and Pakistan
https://techcrunch.com/2021/11/15/abwaab-raises-20m-series-a-led-by-beco-capital-to-expand-across-mena-and-pakistan/
Jordan-based online learning platform Abwaab has raised $20M in a Series A funding (following a $5M seed round in March of this year) making it one of the most funded edtech startups in the Middle East, North Africa and Pakistan (MENAP), a region that encompasses 160 million students.
The round was led by existing investor BECO Capital (UAE) and joined by 4DX Ventures (USA), GSV Ventures (USA), Watar Partners (KSA) and others. Founded in late 2019, the startup has expanded from Jordan into Egypt and Pakistan.