Crafty Workshop, an education technology company based in Egypt, has raised $400,000 in seed funding. EdVentures led the round. It was the first business venture capital fund in the Middle East to focus on edtech.
Crafty Workshop is a top e-learning tool for the creative industries started in 2019 by Hadeer Shalaby and Amgad Moustafa. The new business has a lot of different artistic workshops and classes. It's for people interested in art, design, drawing, programming, making games, photography, animation, crafting, and more.
The platform aims to make high-quality education easy so students can improve their artistic skills and follow their dreams.
Crafty Workshop is not only a place to learn, but it also teaches job-related skills, which helps solve the critical problem of young unemployment. When the company offers vocational training programmes, it gives students the information and skills they need and helps them find jobs and career opportunities.
Hadeer Shalaby, co-founder of the edtech startup, spoke at the funding round and was excited about the company's future. He also said the extra money would help the seed-stage startup grow faster.
"We are thrilled that EdVentures has given us this investment. It will help us grow faster and bigger in the Edtech space." We're excited to reach more people in the Gulf Region, add more material to our library, and improve what we offer schools doing creative projects.
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More on Crafty Workshop
Egypt produces few educational technology companies, but when they do, they are remarkable. Crafty Workshop offers a wide range of courses and workshops taught by creative specialists, making it stand out.
The programme emphasizes relevant skills and procedures by being attractive, practical, and adaptable to real-world situations. The portal offers live or pre-recorded online courses.
The startup expects this financing to boost its growth and expansion. By 2024, the company plans to expand to the Gulf Region and add 500 creative industry topics to its portfolio. It also aims to provide a product for creative production colleges.
Crafty has secured two successive investments from EdVentures, the biggest MENA Edtech investor, starting in 2019. As the startup has grown, VC company General Manager Maged Harby said it has been a good cooperation.
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We're happy to keep helping Crafty Workshop. Crafty has achieved significant progress in Egypt and the Gulf since our 2019 investment. We invest in edtech ecosystem innovation and human capability development at EdVentures. The General Manager remarked Crafty Workshop fits our vision and goal.
The successful funding of Crafty Workshop shows the growing need for affordable and high-quality creative education. The organization continues to equip creative professionals with the knowledge, skills, and resources they need to flourish.
