Bojia Capital reinvested in the Tencent-backed online arts education provider in a round that pushed its overall funding to $305m.
China-based online arts tuition service Meishubao Education has collected $210m in a series D round featuring Bojia Capital, the corporate venturing arm of chemical producer Do-Fluoride, ChinaDaily has reported.
The round was led by The Rise Fund, an impact-focused investment vehicle for private equity group TPG, and included Fortune Capital, Winsdom Capital, SAIF Partners and Chuangzhi Capital.
Meishubao provides online arts tuition for children and teenagers, and has expanded into offering courses for adult learners that combine elements of online…
