AREP raises pre-Seed funding for Saudi expansion, eyes regional growth
Saudi education technology and research enablement startup AREP (Academic Research and Educational Platform) has closed an undisclosed pre-Seed funding round led by Golden Assets Investment, its first disclosed funding round. Founded in 2023 by Hussain Alhamami, Ibrahim Asiri, Rayan Ahmed and Alhanouf Alhmammi, AREP addresses skills and procurement gaps in research and educational laboratories…
Saudi education technology company AREP has secured undisclosed pre-Seed funding from Golden Assets Investment, marking its first disclosed funding round. Established in 2023 by Hussain Alhamami, Ibrahim Asiri, Rayan Ahmed and Alhanouf Alhmammi, AREP specializes in addressing skills and procurement gaps within research and educational laboratories through its products, AREP Academy and AREP Marketplace.
With the funding, AREP plans to bolster its technology offerings and expand its operations across Saudi Arabia, paving the way for potential regional growth. AREP Academy delivers training in laboratory sciences and research via digital learning, practical experience, video courses, laboratory simulations, knowledge resources, and hands-on workshops.
Meanwhile, AREP Marketplace facilitates a digital platform for educational and research institutions to procure scientific equipment and supplies, tackling procurement and logistical challenges. The startup has benefited from support by Saudi technology and entrepreneurship initiatives such as MVPLAB, BOOST at The Garage, and the National Technology Development Program (NTDP).
AREP's overarching goal is to cultivate laboratory talent and enhance access to essential resources and supplies for educational and research institutions, thereby bolstering Saudi Arabia's research, development and innovation ecosystem.
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