Manabie raises $3 million in seed funding round
Summary
Vietnam: Manabie, a Vietnamese startup seeking to bring Japanese education to Vietnam, announced today it has closed a US$3 million seed funding round from investors including Do Ventures, Genesia Ventures and Chiba Dojo. Founded in January 2020 by Takuya Homma and Christy, Manabie is an online platform that seeks to bring elements of Japan’s “high-quality” education to Vietnam. The company aims to achieve that through an operating model that merges online and offline learning, which it claims can maximize the efficiency of online-based education. Regarding Manabie’s plans in 2021, CEO Takuya Homma said: “Vietnam is a market of opportunities for edutech as Vietnamese parents pay great attention to investing in their children’s education. We will continue to scale up the Manabie model, with a focus on improving the user experience at a reasonable cost to create positive impacts on the learner community.”