ULesson, a Nigeria-based edtech startup that sells digital programs to students via SD cards, has raised $ 7.5 million in Series A funding. The round is led by Owl Ventures, which closed more than a half -billion in new funds just a few months ago. Other participants include LocalGlobe and existing investors including TLcom Capital and Founder Collective.
The funding comes just over a year since uLesson closed its $ 3.1 million funding round in November 2019. The startup’s biggest difference between now and then isn’t just the millions it has made. it has in the bank is the impact of the coronavirus pandemic on the whole. Value proposition.
ULesson hit the market just weeks before the World Health Organization declared the coronavirus a pandemic. The startup, which uses SD cards as a low-bandwidth medium to stream content, has seen a wave of smart devices enter homes across Africa as students adapt to distance education.
“The ground got wet in a way we haven’t seen…
- According to the source African startup edtech uLesson wins $ 7.5 million Series A – TechCrunch
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