Kideo

growth-positive

KiDEO, an edtech company, is planning to expand its education applications for kids. The company currently has pilot programs in 100 Israeli schools and aims to help students with their language skills. KiDEO recently entered into a partnership with Sanrio, the company that owns the license to Hello Kitty, to develop an application with a wide range of activities for preschoolers. The companys CEO, Mahmoud Kinana, shared these plans during an interview. KiDEO has developed around 60 applications with over 200 million downloads worldwide.

growth-positive

Takwin VC Fund plans to raise $80 million to invest in startups founded by Israeli Arab entrepreneurs. The fund has already raised tens of millions of dollars. The goal is to address the underrepresentation of Israeli Arabs in the high-tech sector and promote entrepreneurship in the Arab society. The government has also announced plans to support high-tech and science in the Arab society. The article highlights the growth and success of young Arab entrepreneurs in recent years, with more opportunities and support available. One example is the startup Kideo, founded by Mohammad Owesat, which develops educational games and has 250 million users worldwide. Owesat praises initiatives like Takwin and believes the chances for success for young Arab entrepreneurs are higher now than in the past.

growth-positive

Eitan Reisel, founder and managing partner at VGames, explains the unique parameters that make a gaming company successful and the importance of understanding the market and economy behind games. He also mentions that VGames manages two funds totaling $250 million and is the fourth most active fund in the world in investing in gaming companies. Mahmoud Kanaan, co-founder and CEO of Kideo, shares that the company has been working on a pivot from an ad-based economic model to a paid subscription model in the past two years. Kideo focuses on developing educational mobile games for young children.