ONLINE EDUCATION FIRM KNOWBOX RAISES $150M IN D SERIES FINANCING

ONLINE EDUCATION FIRM KNOWBOX RAISES $150M IN D SERIES FINANCING

Chinese online education firm Knowbox announced on Thursday it has raised $150 million in its series D round of financing, right after the country released its first guideline on online after-school tutoring.

The fresh round was led by tech giant Alibaba Group. Yunfeng Capital and Bertelsmann Asia Investments and C Ventures also are among investors.

With the new fundraising, Liu Ye, founder and CEO of Knowbox, noted that the firm will continue to ramp up artificial intelligence efforts to offer a better user experience.

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Source: http://www.chinadaily.com.cn/a/201907/18/WS5d302f15a310d830563ffc34.html

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Copyright 2026 C Capital Advisory Limited. All rights reserved. This website of the C Capital group contains information about the group's holding company C Capital Holdings AG, Switzerland whose shares are listed on SIX Swiss Exchange AG, in particular in the "Investor Relations" section. This website also contains information about the business activities of the C Capital group which are carried out by the group's operating subsidiaries, in particular in the sections other than "Investor Relations". The regulated business activities of the group are carried out through its licensed operating subsidiaries, namely C Capital Investment Management Limited, Hong Kong (SFC licensed number: BTQ256) and C Capital Funds Management Pty Ltd, Australia (ACN:655796795, Licensed No: 537088). C Capital Holdings AG does not itself engage in any operating business activities. The information on this website is for informational purposes only. Nothing contained hereon constitutes an offer to sell or an invitation or solicitation of an offer to buy any product or service offered by any C Capital group entity and must not be relied upon as such. Nothing contained on this website constitutes professional, investment, financial or tax advice. None of the group entities is responsible for damages of any kind arising out of use, reference to, or reliance on any information contained within this website.