LabLabee Algerian EdTech startup raised $3.4 million funding

LabLabee Algerian EdTech startup raised $3.4 million funding

Algerian-based EdTech startup, LabLabee, raised $3.4 million in a Seed funding round to accelerate its global expansion and enhance its hands-on learning platform. Moreover, the round, which was led by Reach Capital, also saw contributions from Classera, Brighteye Ventures, e& capital, and business angels Cedric Sellin and Mohammed Husamaddin. As a result, this funding marks a significant milestone in the company’s growth.

LabLabee’s Mission and Expansion Plans

Founded in 2021 by Samir Tahraoui and Mahfoud Sidi Ali Mebarek, LabLabee addresses the skills gap in telecom and cloud industries. In particular, their platform offers practical, hands-on training in technologies like 5G, cloud computing, and AI. Additionally, LabLabee’s sandbox environment allows users to learn, practice, and test their skills.

With the new funding, LabLabee will take several important steps:

  1. Firstly, LabLabee will expand into the U.S. market. By partnering with AWS, Azure, and GCP, the company aims to reach a wider audience.
  2. Secondly, the company will enhance its course offerings. New training labs for VMware, RedHat, Windriver, and telco security will address emerging industry needs.
  3. Finally, LabLabee plans to hire new talent. The company will focus on expanding its team in key areas such as engineering, sales, and customer support.

Addressing the Telecom and Cloud Skills Gap

LabLabee is focused on tackling the skills shortage in telecom and industrial sectors. Specifically, the platform offers on-demand labs that cover advanced technologies like 5G, IMS, and Kubernetes. Consequently, these labs help telecom operators and educational institutions integrate practical training into their programs.

This approach not only reduces training costs but also equips learners with real-world skills to stay competitive in the tech industry.

Industry Recognition and Leadership

LabLabee has earned praise from industry leaders. For example, Esteban Sosnik, co-founder at Reach Capital, highlighted the company’s work in solving the telecom skills gap. Moreover, he pointed out the technical expertise of the founders, which has driven LabLabee’s growth.

Similarly, CEO Samir Tahraoui emphasized how their solutions simplify learning. In fact, he believes LabLabee makes it easier and quicker for professionals to keep up with rapid tech changes.

Conclusion

In conclusion, LabLabee’s recent $3.4 million funding round is a key step toward transforming telecom and cloud education. As the company continues to expand into new markets, improve its course offerings, and grow its team, LabLabee is positioned to lead in EdTech. Ultimately, with its innovative approach, the company will shape the future of professional education in telecom and industrial sectors worldwide.

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