Egypt-based Farid Secures $250,000

Egypt-based ed-tech platform, Farid, has secured an investment of $250,000 from the Saudi businesswoman Amal Bint Abdulaziz AlAjlan.

Why the Investment Matters? It will help the platform to hire more people, expand its offers, and expand to Saudi Arabia and UAE.

Farid was founded in 2024 by Mahmoud Hussien.
The platform focuses on one-to-one educational methodologies to develop personal and psychological skills.
It targets kids and teenagers between 3-18 years.
It says that it has signed many partnerships with schools in Egypt.

KSA’s Lucidya Raises $30M Series B Round

Lucidya, a Saudi Arabia-based AI-powered CXM management platform, has secured $30 million...

Startup: EdTech. Founding date: 2023. Country: Saudi Arabia. Investors: Angel Investors. Saudi...

Startup: Proptech, Fintech. Founding date: 2020. Country: UAE. Investors: Prince Alwaleed Bin...