Turkish venture named among world’s leading 'ed tech' startups


Image Recognition

ARTICLE SOURCE

Uppy, a Turkish education technology venture that has been renowned for its substantial impact potential, has been named among the world’s top startups in its area, reinforcing its status as a pioneering force in the "ed tech" realm. REM People’s $1 million investment came as part of Hoopla’s seed funding round that totaled $1.35 million and was joined by another two angel investors. Having secured a $12 million investment from Ethos Asset Management, a U.S.-based investment company, earlier this year, REM People is taking strides to strengthen the entrepreneurial ecosystem. This year, the company committed to investing $4.5 million in five technology startups as part of its vision to become a leading AI-powered retail technology center. The platform has gained prominence for revolutionizing digital payment processes, especially in the domain of e-commerce, while concurrently maintaining a commitment to research and development (R&D).