South African ed-tech startup FoondaMate has raised US$2 million in seed funding as it aims to close global education inequality gaps using its AI-powered learning platform. The bot is used by over 400,000 students, speaking 11 languages across 30 countries, and has more than doubled its user base in six months thanks to viral growth. FoondaMate is now targeting further growth after securing a US$2 million seed round. The round was led by LocalGlobe with participation from Emerge Education, FirstCheck Africa, LoftyInc, Future Africa, Luno co-founder Marcus Swanepoel and Justworks co-founder Isaac Oates. The first of these regions are Indonesia, where FoondaMate is currently in beta, Mexico, Nigeria, Pakistan, India and Brazil.

Source: The North Africa Journal May 27, 2022 10:05 UTC