A portion of the recently acquired capital injection will be allocated to propelling the edtech startup into new markets and broadening access to relevant tech education for all learners on its platform.
Expanding Educational Offerings and Scholarships
Additionally, the company plans to use the funds to expand its educational offerings and scholarship programs, including initiatives like the HyperionDev Academy.
Riaz Moola, the founder and Chief Executive Officer of HyperionDev, emphasized that the new funding signifies a pivotal moment for the company and underscores the indispensable role of skills development on a global scale.
Strategic Partnerships and Global Reach
Moola highlighted the company’s partnerships with various South African institutions, such as Stellenbosch University, as well as international collaborations with entities like the UK’s Department for Education, Imperial College London, and the University of Manchester. These partnerships, along with new alliances in North America, France, and Spain, have solidified HyperionDev’s position as a leader in global tech education.
Commitment to South Africa and Collaboration with Government
Despite its global aspirations, HyperionDev remains dedicated to enhancing its impact in its home country of South Africa. Moola expressed the company’s eagerness to collaborate with more university institutions nationwide and to work closely with the government to bolster digital skills development and improve employability across the country.
Tech Education Empowerment
Founded in 2012, HyperionDev offers specialized, mentored coding boot camps online and on-site at its campuses, providing students with job-ready tech skills for careers in technology.
Impact and Success
The edtech firm boasts that its programs have empowered over 2,000 graduates to secure tech jobs in various sectors, including fintech startups like Chip and multinational corporations like Amazon, Barclays, and GSK. Additionally, graduates have found employment in government entities such as the Home Office, the Department for Work and Pensions, and the NHS.