Tech Company Financing Transactions
LingoAce Funding Round
LingoAce, based in Singapore, received $200 million in investment from Owl Ventures, Sequoia Capital and SWC Global.
Transaction Overview
Company Name
Announced On
10/10/2022
Transaction Type
Venture Equity
Amount
$200,000,000
Round
Undisclosed
Investors
Owl Ventures (Lead Investor) (Ian Chiu)
Sequoia Capital (Lead Investor) (Abheek Anand)
Proceeds Purpose
The educational technology firm is working with an adviser on the fundraising and is in talks with prospective investors, the people said, asking not to be identified as the information is private.
Company Information
Company Status
Private & Independent
Industry
EdTech
Mailing Address
TripleOne Somerset 111 Somerset Rd. 04-01
Singapore, 238164
Singapore
Singapore, 238164
Singapore
Phone
Website
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
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Hugh Yao
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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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