Tech Company Financing Transactions

LingoAce Funding Round

On 12/6/2021, LingoAce raised $105 million in Series C funding from Sequoia Capital, Owl Ventures and ShunWei Capital.

Transaction Overview

Company Name
Announced On
12/6/2021
Transaction Type
Venture Equity
Amount
$105,000,000
Round
Series C
Investors

Sequoia Capital (Lead Investor) (Abheek Anand)

Owl Ventures (Ian Chiu)

ShunWei Capital

SWC Global

Proceeds Purpose
The new funding will be used to advance LingoAce's mission to make new language learning fun, immersive and interactive for children.

Company Information

Company Status
Private & Independent
Industry
EdTech
Mailing Address
TripleOne Somerset 111 Somerset Rd. 04-01
Singapore, 238164
Singapore
Email Address
Not Recorded
Overview
Language unlocks opportunities. We understand the challenges of learning a new language, especially one that's as nuanced as Chinese. That's why we set out ?to transform the way we engage our modern young learners -- making learning Chinese fun and fulfilling.
Profile
LingoAce LinkedIn Company Profile
Social Media
LingoAce Company Twitter Account
Company News
LingoAce News
Facebook
LingoAce on Facebook
YouTube
LingoAce on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Hugh Yao
  Hugh Yao LinkedIn Profile  Hugh Yao Twitter Account  Hugh Yao News  Hugh Yao on Facebook


 

 

Browse more venture capital transactions:

Prev: 12/6/2021: AdeptID venture capital transaction
Next: 12/6/2021: Panther Labs venture capital transaction

 

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Where The Data Comes From

Our team works diligently to record funding rounds that are announced publicly. VC transactions on this site are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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