CHINA BRIEF | Coding education firm Xiaomawang closes USD 21.2 million pre-Series C round
Summary
Xiaomawang, a Chinese coding education company, closed a RMB 150 million pre-Series C round. The company teaches children ages 6 to 17 with courses in Scratch, C++, and other programming tools. It will use the new capital to fund research and development for courses and new technologies, and it will upgrade its online platform. The company has shifted more of its business online during the pandemic and says its online revenue has risen sharply.
Funding
Amount
$21.2M
Total raised
Date
March 23, 2020
Announcement date
Investors
36kr Media
Lead investors
Company
xiaomawang.com
Funded company
Classifications
industries
No industries detected
applications
No applications detected
AskAI Classifications
Labels
No AI classifications detected