Dubai venture capital firm Global Millennial Capital has acquired stake in Blue Studios, a US-based ed-tech venture. The amount is not disclosed but Millennial Capital had raised $3 million for its fund before.
Blue Studios Inc established in 2019 is a subscription-based digital education platform with a business model that falls at the intersection of e-commerce and ed-tech, providing on demand classes online.
(Established in 2016, and backed by Al Attiyah family office, Global Millennial Capital invests in scalable, tech enabled and consumer-centric early-stage opportunities all over the world. It is headed by Andreea Danila Dash.)
Global Millennial Capital is listed in the Middle East Investors Directory with the code JB43.