Chagall Art Education secures multi-million-yuan Series B financing round

Chagall Art Education, operator of children’s art education institution has completed its Series B financing round as the company signs an investment agreement with Huihong Capital.

Chagall Art Education, operator of children’s art education institution has completed its Series B financing round as the company signs an investment agreement with Huihong Capital.

Established in July 2011, the company offers oil painting, Chinese painting, calligraphy, ceramic art, international animation and other courses for children and youth aged 3-17. All courses are arranged according to the curriculum structures of art colleges and academies. The company has more than 750 campuses and more than 100,000 students.

Prior to this, in July 2018, Chagall obtained Series A++ financing round of ten-million-yuan investment from Shanghai Media Group; in January 2017, it obtained Series A+ financing round of ten-million-yuan from Dunhong Capital Management, four months after the company secured a Series A financing round led by OnlyEdu.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/06/chagall-art-education-secures-multi-million-yuan-series-b-financing-round/.

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