DealStreetAsiaSingaporean Chinese-teaching edtech raises $6m led by Sequoia
LingoAce sees stay-home-driven growth in Asia amid COVID pandemic
According to Singapore's statistics agency, Southeast Asia has 363 million school-age children and youth in need of online learning. © Reuters
LIYA SU, DealStreetAsia
November 10, 2020 15:03 JST
SHANGHAI -- LingoAce, a Singapore-based global edtech platform that offers online Chinese language learning courses, has closed its Series A-plus round of financing, raising $6 million, led by Sequoia Capital India with participation from returning backer Shunwei Capital, an investment arm of Chinese smartphone maker Xiaomi.