By Andrei Skvarsky.
Qureos, a Dubai-based education technology startup organising advanced training for graduates to help them find successful employment, has raised $3m in a pre-seed funding round.
The round was led by venture capital firms COTU Ventures and Colle Capital, the former headquartered in Dubai and the latter in New York, according to a statement from Qureos, which has clients in about 130 countries.
The other investors were Dubai Angel Investors, Beirut-headquartered Globivest, U.S.-based Plutus21 Capital and Bahrain’s AlZayani Venture Capital.
Qureos says there are 254m Generation Z graduates worldwide who remain unemployed because of being unable to bridge what the firm calls a skill gap between campus and workplace. Generation Z are people born between the middle to late 1990s and the early 2010s.
Skill gaps are an especially serious problem in emerging market countries, according to Qureos, which puts youth unemployment there at more than 36 per cent.
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