The online education provider has secured $150m in series E3 funding from investors including Tencent at a $1.5bn post-money valuation.
Internet group Tencent has taken part in a $150m series E3 round for China-based online education provider Huohua Siwei that valued it at $1.5bn post-money, LatePost reported today.
Growth equity firm Trustbridge Partners led the tranche, which brought the company’s overall series E funding to $400m.
Huohua Siwei’s online education platform is focused on maths and science learning for a six-to-18 age group and had some 85,000 daily active users as of October 2020 when it secured $100m in…
