This equity investment is part of an equal partnership aimed at supporting accessible, alternative education in South Africa, and at raising awareness of better, more affordable ways of learning the essential tech skills in web development, data science, and software engineering that the modern global economy depends on.
Through this investment, Maphumulo hopes to pursue his passion for education and skills development for people across South Africa and the world. He shares HyperionDev’s belief that tech skill education is vital to the careers of the future, and the answer to skills development and economic upliftment in Africa and the rest of the world.
Maphumulo's investment will help HyperionDev to improve and scale its 1-on-1 mentored coding bootcamps to a wider audience, so as to better help the thousands of students who want a world-class tech education but who cannot afford the hundreds of thousands of rand in tuition and years of study that traditional education requires.
It is HyperionDev’s hope that this investment partnership will help to spread awareness of modern, affordable and alternative education models in South Africa and the rest of the world, to help students find the essential skills that the careers of the future require, and to close the growing global tech skills gap.
HyperionDev is currently exploring an international crowdfunding campaign that will allow members of the public and smaller investors to join their education mission and acquire an equity stake in the company. While details have not yet been finalised, it is expected that this limited-time public investment opportunity will be available to members of the public in early 2021.
HyperionDev is a leading tech education company founded in 2014. The company exists with one goal: to close the global tech skills gap by enabling education that is an accessible alternative to traditional university degrees. It does this through specialised mentored coding bootcamps, offered online and on-site at its Johannesburg and Cape Town campuses. Their affordable, mentor-led bootcamps allow people to enter the tech space in a fraction of the time and cost of traditional programs, without sacrificing the quality and expertise of the education delivered.
