ONLINE EDUCATION FIRM KNOWBOX RAISES $150M IN D SERIES FINANCING

ONLINE EDUCATION FIRM KNOWBOX RAISES $150M IN D SERIES FINANCING

Jul 17, 2019

Jul 17, 2019

Chinese online education firm Knowbox announced on Thursday it has raised $150 million in its series D round of financing, right after the country released its first guideline on online after-school tutoring.

The fresh round was led by tech giant Alibaba Group. Yunfeng Capital and Bertelsmann Asia Investments and C Ventures also are among investors.

With the new fundraising, Liu Ye, founder and CEO of Knowbox, noted that the firm will continue to ramp up artificial intelligence efforts to offer a better user experience.

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Source: http://www.chinadaily.com.cn/a/201907/18/WS5d302f15a310d830563ffc34.html

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Copyright © 2025 C Capital Advisory Limited. All rights reserved.

C Capital carries out regulated activities through its licensed vehicles, namely C Capital Investment Management Limited (SFC licensed number: BTQ256) managing its investments from Hong Kong, C Capital Funds Management Pty Ltd (ACN:655796795, Licensed No: 537088) from Australia and C Capital Investment Manager Ltd. from the British Virgin Islands.

The information and services provided on this site are for your informational purposes only. Nothing contained herein constitutes an offer to sell or an invitation or solicitation of an offer to buy any product or service offered by C Capital Investment Management Limited or any of its affiliates (collectively, "C Capital") and must not be relied upon as such. Nothing contained herein constitutes professional, tax or financial advice nor does any information contained herein constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. C Capital is not responsible for damages of any kind arising out of use, reference to, or reliance on any information contained within this site.