The corporate-backed coding education platform secured $35.3m in funding as its business receives a boost from the coronavirus lockdown.
Codemao, a China-based coding education provider backed by mobile internet company Cheetah Mobile and media group Southern Publishing and Media, has raised RMB250m ($35.3m) in series C-plus financing, China Money Network has reported.
The round was led by CMB International Capital, part of financial services firm China Merchants Bank, and included the state-owned Guangdong Technology Financial Group, private equity firm Sharewin Investment and, according to DealStreetAsia, Bank of China fund Bohai Zhongsheng.
Founded in 2015, Codemao provides online coding courses…
