A startup funded by Qatar Science and Technology Park (QSTP), part of Qatar Foundation, Research, Development and Innovation (QF RDI), has lauded QSTP’s Tech Venture Fund (TVF) programme in creating an ‘edtech’ hub in Qatar.
In 2015, the three co-founders of OBRIZUM, a cloud-based adaptive e-learning platform, were working in deep technologies, such as stem cells, biophysics, and genetic engineering as PhD students and fellows at the University of Cambridge.
By working together as technology professionals and data scientists, the co-founders witnessed a shift in how people use knowledge and collect information. OBRIZUM is a WISE Accelerator alumni and awardee of the TVF.
WISE Edtech Accelerator manager Victoria Basma said, “The WISE Edtech Accelerator has aimed to support innovation building within education, focusing on technology that is able to help evolve the way we teach and learn.
“A key partner for the WISE Edtech Accelerator has therefore been QSTP’s Tech Venture Fund, not just as potential funders, but more importantly as local stakeholders who, alongside WISE, are able to drive Qatar toward becoming the region’s first edtech hub.”
Basma said, “First as an alumni member of our 2017 edtech accelerator and now as active contributors to our programme, we are so pleased to have the OBRIZUM team as knowledge partners and members of our global edtech network.”
For OBRIZUM, the education industry is a sector that has remained largely undisrupted for so long, and in which there is plenty of room to add value through smart inventions and technology which make learning more engaging, effective, efficient, and enjoyable.
Edtech and advanced learning technologies can provide new ways of engaging with the ever-increasing body of global knowledge, and the pandemic has only catalysed this digital revolution and a surge in demand for online learning.
Dr Chibeza Agley, co-founder and CEO of OBRIZUM, said: “The capital raised, with support from TVF, helped OBRIZUM to form major strategic partnerships and strengthen its commercial pipeline.”
Agley added: “The market is accepting of big ideas and there is a strong interest in working with cutting-edge technology in edtech and other areas. Qatar has a world-class innovation infrastructure in place to enable technology startups to secure stable, long-term growth. Another great thing is its global reach, as so many international organisations are choosing to establish offices in Doha.”
QSTP’s TVF is a strategic venture capital fund that supports local innovative startups and attracts international ones looking to scale in the region and further afield. To apply and find out more about QSTP’s TVF, visit https://qstp.org.qa/tech-venture-fund/ To learn more about OBRIZUM, visit www.obrizum.com