Nigerian edtech startup Kibo School has raised a $2 million seed round led by Neo, a VC firm founded by the co-founder of Code.org, Future Africa, Pledges, and other angel investors were also involved in the funding round.
Kibo School is an online institution that offers top-notch degrees as well as access to talents and networks. It was founded in 2021 by Ope Bukola.
To unleash deeper knowledge acquisition, motivation, and accountability, the company blends the adaptability of self-paced learning with a vibrant network of peers and instructors. Rob Cobb and Keno Omu joined her in starting the Kibo School.
“The seed round’s main objective is to launch the degree program. We have been offering these brief courses, and we will continue to do so while going through the accreditation application process. But right now, enrolling students in our degree programs is our first priority, she said, adding that 400 students from 13 African nations have been trained through the school’s short courses, which were introduced last year.
To facilitate sporadic meet-ups, Kibo has made the program available to students in six locations around Kenya, Nigeria, and Ghana. To be eligible, applicants must reside at least 100 kilometers from these cities.
After the pre-seed round from last year, the business has now raised a total of $2.4m in funding.
With the additional funding, the online school will be able to provide multiple STEM degree programs to students in Africa.
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