Education MCN brand 101 Teacher Factory secures angel round from Blue Elephant Capital

Education multi-channel network 101 Teacher Factory announced an angel financing round from Blue Elephant Capital. Founder Qin Liuxing said that the proceeds will be used to continue to increase the number of signed celebrated teachers and expand the size of the team.

Education multi-channel network 101 Teacher Factory announced an angel financing round from Blue Elephant Capital.

Founder Qin Liuxing said that the proceeds will be used to continue to increase the number of signed celebrated teachers and expand the size of the team.

Founded at the end of 2019, 101 Teacher Factory is a developer of an online education training system for online celebrity teachers.

The company provides online education courses in the form of short videos for various categories for students of all ages that are taught by online celebrity teachers, enabling students to be more engaged in learning and improve learning outcomes.

Four months since its inception, 101 Teacher Factory has signed more than 100 celebrated teachers, incubating and signing hundreds of celebrity accounts.

As of March 7th, Dabai English has gained over 3.3 million followers on the Douyin platform and has won 2 million fans on the Kuaishou platform in 60 days; Xuge Spoken English got one million followers on the Douyin platform in five days.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/07/education-mcn-brand-101-teacher-factory-secures-angel-round-from-blue-elephant-capital/.

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