Coded Minds expands footprint in US & Canada

Dr. Gina Cherkowski, founder of EdgeMakers STEM Learning Lab, and Omar Farooqui, founder and president of Coded Minds, at the signing ceremony.
Updated 26 November 2019

Coded Minds expands footprint in US & Canada

Coded Minds, a Gulf-based education technology company, has taken a giant stride toward expanding its product as well as geographical footprint by acquiring an EdgeMakers STEM Learning Lab, an innovative education company in the US and Canada. Alarabi Investments out of DIFC will be joined by 8 Roads (Fidelity’s venture arm) and Avalon Ventures out of San Francisco Bay Area. All parties associated with this transaction wanted to keep the overall value of the transaction private for now.

Headquartered in San Francisco, the US and Calgary Alberta, Canada, the acquired company provides cutting-edge STEM/STEAM, innovation and leadership education, professional development and design thinking programs for kids and teachers in Canada, the US and rest of the Americas. As per Crunchbase the shareholders include 8 Roads as well as Avalon Ventures. 

Omar Farooqui, founder and president of Coded Minds, said this is the first time a 100 percent acquisition has been made by a Gulf-based private education company in the US and Canada. “EdgeMakers, an elite 50-member education team, will merge into Coded Minds and become part of its global educational offerings,” he said.

Earlier this year, the company announced the closing of its first round of funding from Alarabi Investments, which has valued Coded Minds at 44 million dirhams ($12 million). It is expected that this transaction will increase the overall value by more than double. 

Farooqui, a Saudi national, announced that following this acquisition, the global best practice and STEM 2.0 curriculum will now be available in all regions where Coded Minds is operating currently. “Coded Minds continues to grow in multiple geographies. This acquisition has given the company an overnight global status and a foothold into the lucrative US and Canadian markets,” he added.

Dr. Gina Cherkowski, founder of EdgeMakers STEM Learning Lab, believes that the merger is an opportunity for the company to contribute in improving the quality of education in different parts of the world. 

“Being part of a global company will provide us an excellent opportunity to be global leaders in 21st century education through our innovative new partnerships in the Middle East, throughout Asia and across the globe brought about through this transaction,” she said. 

Alarabi Investments, which had invested earlier this year in Coded Minds, have seen their investment multiplied. 

CEO Mohammad Alghaith said: “At Alarabi Investments, we aim to create value for our investors through investments that deliver change, value, and impact. And the expansion of Coded Minds into new markets is part of our investment strategy to seek high growth and global reach.” 

Rich Levandov, a partner at Avalon Ventures associated closely with this transaction, said: “Avalon and EdgeMakers are excited to join forces with Coded Minds to extend the mission of EdgeMakers on a worldwide basis.”


Aster Sanad Hospital leaping forward toward the Saudi Arabia Vision 2030 — Creating a Healthier Tomorrow

Updated 27 January 2020

Aster Sanad Hospital leaping forward toward the Saudi Arabia Vision 2030 — Creating a Healthier Tomorrow

  • Aster Sanad Hospital, an Aster DM Healthcare venture is in the North-East Ring road at the heart of Riyadh with an easy access to the Airport and in proximity to the Saudi Red Crescent
  • Embodying the principles and standards of Aster DM Healthcare Group, Aster Sanad Hospital is accredited by Saudi Central Board of Accreditation for Healthcare Organizations (CBAHI) in Riyadh

DUBAI: Aster DM Healthcare network is a 33+ years old Organization spread across 379 establishments in 9 countries and has transitioned into being one of the fastest growing Organizations across the Middle East, India and Far East with several JCI accredited Hospitals, Clinics and Diagnostic Centers.

Aster Sanad Hospital, an Aster DM Healthcare venture is in the North-East Ring road at the heart of Riyadh with an easy access to the Airport and in proximity to the Saudi Red Crescent.
This aids in quickly serving the Trauma and Road traffic accidents through our Multidisciplinary team of Neurosurgeons, Cosmetic, Spinal and Maxillofacial Surgeons. We are one among the very few hospitals to have the Traffic Police Office (Muroor) attached to our premises for the seamless care and the documentation with the Traffic police.

Embodying the principles and standards of Aster DM Healthcare Group, Aster Sanad Hospital is accredited by Saudi Central Board of Accreditation for Healthcare Organizations (CBAHI) in Riyadh and delivers high quality medical care to all the Insurance companies and the classes.

We serve 30+ different Patient nationalities with our 100+ Doctors from 20+ different countries, encompassing the Minimal Invasive Laparoscopic General Surgery/Weight Loss Surgeries (minimal stay in the Hospital) to the Advanced Surgeries.

This leading Multi-specialty hospital has been equipped with advanced Medical Equipment like the Bipolar TURis Machine in Urology for operating Big-sized Prostate gland enlargement in Males with a Center of Excellence in Renal Stones extractions. Other unique services in the Gulf region include the Hyperbaric Therapy (Pure Oxygen Therapy) for faster wound healing in Diabetics, Sports medicine and Aviation space, in close collaboration with our high-end Orthopedics Dept.

Aster Sanad is well positioned as one of the largest private healthcare providers for Normal and Cesarean deliveries with a 35 bedded Level 3 Neonatal ICU (managing cases beyond 550 grams baby) and Pediatric ICU. Strategic partners and as a top preferred Healthcare provider with reputed Government Hospitals tenders and contracts.

Our 24/7 Emergency room with Cardiac Catheterization Lab is backed with a strong Non-Invasive Cardiology Dept that caters to the low risk Cardiac cases stratification with a Non-Invasive CT- Coronary Angiogram. Patients that are more prone to the Heart Attacks and Cardiac Arrest cases are tackled by Coronary Angiogram/Angioplasty at par with international excellence outcomes (with an average Door to Balloon time of less than 60 minutes.)

Newer Services include the Plastic and Aesthetic Surgery, Men and Women’s Health, Electrophysiology for Irregular Heart Rhythms, Neuro/Cardiac Interventions for Vascular and Thoracic injuries, Dental Implants and the Hollywood Smile. Expansion pipeline of Aster in KSA is in the offing with our Annex Building under Design & Construction, planned to open 2020-2021.

Launched an Aster DM Home Health Program in 2019 as an Integrated Healthcare setting to offer Doctor and Physiotherapists @ Home, Continuous Nursing (2 to 24 hours Care @ Home), Dental Procedures @ Home, Lab sample collections/Vaccinations @ Home and as a Continuum of Care @ Home for Post-discharge patients at their ease and convenience as Intermittent care through our qualified multi-disciplinary clinical care teams.

Aster Sanad will continue to strive and ensure the utmost patient safety standards, best clinical outcomes and service excellence with an ethos of “We’ll Treat You Well.” For Bookings-920004417; [email protected]