Picture book course provider Qiuqiu Huiben secures near-RMB10m Pre A round led by Youdao

Picture book course provider Qiuqiu Huiben has received nearly 10 million yuan in its Pre A financing round, which was led by Youdao with participation from EdBeta Fund. Earlier, the company had received angel round investment from Blue Elephant Capital.

Picture book course provider Qiuqiu Huiben has received nearly 10 million yuan in its Pre A financing round, which was led by Youdao with participation from EdBeta Fund. Earlier, the company had received angel round investment from Blue Elephant Capital.

The proceeds will mainly be used for product development, iteration of content and service, and marketing investment.

Established in June 2018, Qiuqiu Huiben is developer of an SaaS educational software designed for kindergartens. The company’s software provides online picture book reading courses and interactive games, enabling kindergartens to reduce teaching materials’ costs and improve the connection with parents.

At present, the company has reached 5,000 kindergartens in advance, and the team plans to adjust the 2020 course sales target from 2,000 to 10,000 kindergartens.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/04/24/picture-book-course-provider-qiuqiu-huiben-secures-near-rmb10m-pre-a-round-led-by-youdao/.

Leave a Reply

Your email address will not be published. Required fields are marked *