MENA BeehiveNews

Koolskools raises USD 400,000 from Maroc Numeric Fund II

Casablanca: Morocco-based edtech startup KoolSkools has reportedly raised MAD 4 million (around $400K) from Maroc Numeric Fund II, an investment fund backed by major Moroccan institutions including Caisse Centrale de Garantie, Attijariwafa Bank, BCP, BMCE, and MITC. The Maroc Numeric Fund II invested MAD 3 million and the other MAD 1 million has been invested by an undisclosed angel investor.

The investment will be deployed towards the development of KoolSkools both regionally and globally by acquiring technical, marketing, and commercial resources to serve a large network of schools and students.

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