Tal Education Group, which contributed to Minerva’s series B round five years ago, has returned for a series C led by Bytedance.
US-based private education provider Minerva Project received a $57m series C round yesterday led by internet technology producer Bytedance, with participation from tutoring service Tal Education Group.
Kakao Ventures, the corporate venturing subsidiary of internet group Kakao, also took part in the round, as did Yongjin Group, Pinpoint Ventures, Tan Tan Ventures and Lighthouse Combined Investment as well as undisclosed new and existing backers.
Founded in 2012, Minerva Project operates a for-profit higher education program that offers a four-year undergraduate…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.