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EdVentures Backs LRNOVA Through EdTech Venture Studio
EdVentures, the corporate venture capital arm of Nahdet Misr Group and the Middle East’s leading EdTech-focused CVC, has announced a strategic investment in LRNOVA, an AI-powered startup revolutionizing educational content creation.
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The investment was made under the EdTech Venture Studio (EDVS) program, a joint initiative between EdVentures and the Challenge Fund for Youth Employment (CFYE) aimed at fostering digital innovation, empowering youth, and creating new jobs within Egypt’s EdTech ecosystem.
AI-Powered Platform for Next-Gen Education
LRNOVA’s platform transforms traditional curricula and training materials into interactive digital content at a fraction of the time and cost. Features include:
- AI-powered course creation tools
- Multilingual content (including Arabic)
- Culturally tailored avatars
- Virtual AI tutors delivering personalized learning experiences
This makes LRNOVA a scalable solution for schools, universities, and corporate training departments seeking modern, engaging, and cost-efficient digital learning tools.
Strategic Shift Towards AI-Driven Education
Dalia Ibrahim, Founder and CEO of EdVentures, highlighted the investment as a step forward in the company’s evolving strategy:
“We strongly believe in the transformative potential of AI in education. Our investment in LRNOVA is not just financial—it marks a clear strategic direction to support innovations that make learning more accessible, interactive, and engaging.”
LRNOVA’s Expansion Plans: Focus on Saudi and Gulf Markets
LRNOVA’s Founder and CEO, Mohamed Amer, emphasized the significance of the partnership:
“This investment is a major milestone for us. With EdVentures’ strategic expertise and network, we can accelerate regional expansion—starting with Saudi Arabia and then into the wider Gulf region.”
LRNOVA’s business model combines subscriptions with enterprise packages tailored for universities, schools, and corporate training departments.
Driving the Future of Education in the Arab World
With this investment, EdVentures reaffirms its mission of backing pioneering EdTech startups that drive digital transformation in education. By leveraging AI-powered solutions, LRNOVA is poised to make learning more accessible, diverse, and impactful across the Arab world’s growing EdTech landscape.
