Iraq-based EdTech and children’s online learning portal for programming, IoT-Kids has successfully raised a five-figure round from Iraq’s largest ISP provider Earthlink Telecommunications through the Iraq Angel Investors Network.
The investment was raised from the leading Internet service provider (ISP) in Iraq; Earthlink Telecommunications through the Iraqi Angel Investors Network via IAIN member Dr Ala’a Jasim. The fundraiser also included a matching $20K grant from the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH via its project “ICT for Youth in Iraq” as part of the organization’s support to the Angel Network.
Founded in 2015 by Mohammad Khaled and Ali Taher, IoT-Kids was set to provide programming courses for schools across the country. In 2019 IoT Kids introduced the digital versions of its courses through an online portal. The company boasts a digital community of more than 200,000 users and has had more than 10,000 students complete its courses.
The Iraq-based EdTech has recently graduated from the Takween Accelerator Program; a Yanhad project implemented by the American University of Sulaymaniyah.
“We are very excited to have Earthlink as part of our journey, the funding will help us expand our online platform, marketing efforts and in due course expand outside of Iraq to other countries in the region.”
~ Ali Taher, Co-founder and COO IoT Kids
Earthlink Telecommunications is the largest and fastest-growing Internet Service Provider in Iraq and its portfolio of services includes ICT solutions, data centres, and managed services catering to the needs of the public and private sectors.
“Earthlink’s commitment to building strong internet infrastructure in Iraq derives from its vision to be the technology driver of Iraq’s future, and we already come a long way evolving from an internet service provider to an internet economy enabler. Our investment into IoT Kids echoes our strategy and we see a great potential in IoT Kids vision to raise a new tech enabled-generation”.
~ Dr. Ala’a Jasim, Deputy CEO EarthlinkTelecommunications
This latest investment would help the Iraq-based EdTech ground its position in the market and scale with the growth capital. But, primarily, it provides educational depth and network potential for the platform.
