Tech Company Financing Transactions
Makeblock Funding Round
China International Capital Corporation, Everest Capital and GX Capital participated in a $44 million Series C funding round for Makeblock. This venture round was announced on 8/31/2018.
Transaction Overview
Company Name
Announced On
8/31/2018
Transaction Type
Venture Equity
Amount
$44,000,000
Round
Series C
Investors
Proceeds Purpose
Makeblock will use the financing to accelerate R&D, marketing and subsidiary company operations. It's going to launch new products in this October.
Company Information
Company Status
Private & Independent
Industry
EdTech
Mailing Address
3rd Floor Building C3 Nanshan iPark No.1001 Xueyuan Ave. Nan
Shenzhen Guangdong Province, 518055
China
Shenzhen Guangdong Province, 518055
China
Phone
Website
Email Address
Overview
Founded in 2011, Makeblock is a leading DIY robotics construction and programming learning platform for makers, STEM learners, educators and hobbyists.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jasen Wang
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