NewsEconomicsCoding factory Alulab conquers investors

Coding factory Alulab conquers investors

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Aulab, the first Italian Coding Factory dedicated to the world of programming, has announced that it has successfully closed its campaign on Mamacrowd in overfunding, exceeding 500,000 euros of subscriptions. A success, underlines the Italian innovative SME active in edutech and specialized in software programming and development courses, which joins the numbers of the first quarter of 2021: + 207% of total revenues compared to the first quarter of 2020. The funds will be used to expand nationally and internationally and expand the training offer, to respond to the lack of tech resources on the Italian scene. Aulab has its strong point in the hackademy, an intensive 3-month course with which it has already trained over 600 students, including graduates, university students, graduates and Neet, ensuring a placement rate of 95%. The innovative SME is in fact part of a rapidly growing sector: the distance learning market aims to exceed $ 300 billion in 2025 and by 2026 an 11% growth in the use of the virtual classroom is expected. In addition to the success of edutech, the strong demand for resources for the ICT sector must also be considered: in Italy alone, there are 100,000 figures in the tech sector. “We are enthusiastic about the response from communities and investors: he reiterates how edutech is a sector of great interest and is an important indication for us with respect to the path we are following” explains Davide Neve, CEO and founder of aulab.

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