Emonovo, formerly MARJ3, an edtech operating in the MENA region has raised a bridge round from angel investors in Europe and the US, and a follow-on investment from Flat6Labs, to improve its educational content offerings.
- The financing will make Emonovo avail educational opportunities to more students in the region. The edtech is keen on helping students to achieve their educational dreams using its solutions and technology stack.
- Founded in 2016, Emonovo is an edtech platform that evolved from a database for students to access global educational opportunities to a platform that uses data and technology to match students to high-ranking universities globally.
- It raised a pre-seed round in 2017 from Flat6Labs' FAC Egypt Fund which enabled it to grow and reach a wider audience in the Middle East, including attracting two million visitors to its website.
- The edtech startup secured a new round of investment from Dojo, a US-based expert, with which it launched Marj3 educational services to help students in the MENA region find suited universities. It is in partnership with 300 universities worldwide offering varying courses and is now focused on matching students and universities as its new vertical, birthing the edtech rebrand to Emonovo.