LATEST INSIGHT

Category: Education

November 20, 2020
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3min00
AllRight is a platform for English language learning, aimed at children four years or older, which combines lessons with real teachers and homework with ‘AI-powered’ tutors. It’s now raised a $5 million Series A round led by Genesis Investments, with participation from TMT Investments, TerraVC, and existing investors Flashpoint and Misha Lyalin. The Ukraine-based startup will […]

November 10, 2020
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2min00
Singapore-headquartered online language learning platform LingoAce has secured a US$6 million in Series A-plus in a statement. The round of financing was led by Sequoia India with existing investor Shunwei Capital returning to be part of the latest round. The startup raised US$7 million Series A from Beijing-based VC Shunwei Capital earlier this year. The […]

November 2, 2020
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1min00
AOne, a Malaysian edutech company has announced it has secured RM2 million (US$500,000) in seed funding round led by Wavemaker Partners in a press statement dated November 2, 2020. The startup received MYR300,000 (~US$75,000) in investment about seven months ago from ScaleUp Ventures Malaysia’s Cradle Fund. Founded in 2015 by Dr. Darren Gouk, AOne is […]

October 30, 2020
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1min00
Indian edutech startup Teachmint announced that it has raised US$3.5 million in seed funding round from Lightspeed India along with existing investors Better Capital and Titan Capital. This is the second round of funding for Teachmint in just two months since raising its first round in August earlier this year. The startup plans to use […]

October 26, 2020
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2min00
Chinese online education platform Yuanfudao has raised of US$2.2 billion in a Series G round of funding. According to the press statement, this funding will be in two tranches (G1 and G2) and are an extension of the company’s $1 billion Series G fundraise in March this year. The statement also states that this round […]

October 14, 2020
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2min00
Huohua Siwei also known as Spark Thinking, a Chinese edtech startup has raised US$100 million in its second tranche of Series E (E2) according to an internal letter by the startup released on October 12, 2020. The round of financing was led by internet giant Tencent with participation from The Carlyle Investment Group’s funds and Yuandaodao. […]

October 5, 2020

2min00
Lorax Capital Partners has closed its LCP FUND II COÖPERATIEF U.A at US$140 million. The round of financing was led by European Investment Bank (EIB) which signed a commitment of US$22 million according to a statement. Other participating institutional investors include European Bank for Reconstruction and Development, International Finance Corporation, Proparco and the Egyptian American […]

September 8, 2020
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2min00
Byju’s has raised $500 million in a new financing round that values the Indian online learning platform at $10.8 billion. The round received participation from Menlo Park-headquartered PE firm Silver Lake,and existing investors Tiger Global, General Atlantic and Owl Ventures have also participated in it, India’s second most valuable startup Byju’s said in a statement, but declined to […]

September 4, 2020
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2min00
Unacademy, a Bengaluru-based online learning platform announced it has successfully raised US$150 million at a valuation of $1.45 billion. According to the statement, the round of financing was led by SoftBank’s Vision Fund 2, with participation from existing investors General Atlantic, Sequoia Capital, Nexus Venture Partners, Facebook, and Blume Ventures. Founded by Gaurav Munjal, Roman […]

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