On January 20th, China's "Belt and Road" TOP10 influential social think tank, the Online Economic and Social e-Commerce Research Center, and the Digital Education Platform, a professional think tank-type online education portal, were released (EDU.100EC.CN ) Release

"2021 China K12 Education Financing Data List". According to the e-commerce big database “E-Digital Treasure” under the banner of (DATA.100EC.CN ) Monitoring data show that in 2021, there will be 7 platforms in China's K12 education industry that have obtained financing, namely Squirrel Ai, Ai Shang AI, and Ai., Xingzhibao, Euler AI Class, Aixuetang, Xuexiaoyi, with a total financing of more than 370 million yuan.

In terms of financing months, there will be one financing in March and May, and two financing in April, July, and October.

 

In the financing rounds, there will be 2 each for A-level and strategic investments, and 1 each for C-level, Pre-level, mergers and acquisitions, and angel round investments.

 

In terms of the distribution of financing cities, there are 5 in Beijing and 3 in Shanghai.

 

The following is the investment and financing monitoring data of “K12 Education” in 2021 brought to you by the digital economy investment and financing service platform “E-Finance Treasure”.：

 

K12 application tool "Squirrel Ai” completed hundreds of millions of yuan in Series C1 financing

 

On July 2, Squirrel Ai, an artificial intelligence education brand, received a C1 round of financing of hundreds of millions of yuan. The investors were SIG Haina Asia, Citic Securities, and Nokia Growth Fund.

According to the Online Economic and Social Enterprise Database (COP.100EC.CN ) It shows that Squirrel AI Intelligent adaptation Education is a developer of AI adaptive learning system. It has developed an adaptive learning system “Squirrel AI System” based on intelligent technology and big data. Students can use limited time and questions to detect knowledge points.At the same time, it can automatically plan the learning difficulty and sequence suitable for the student in real time to help students improve their learning efficiency.

K12 intelligent learning platform "AI Shang AI” completed a round of financing of nearly 100 million yuan

On March 23, the K12 intelligent learning platform “AI Shang AI" announced that it recently completed a round of financing of nearly 100 million yuan. The financing was led by Zanlu No.2 Fund and followed by Huangshan Fengying Fund. Deng Ya, the founder of ”AI Shang AI", said that 60% of the financing will be used for technology and teaching and research, 30% for campus support, and 10% for brand promotion.

It is understood that Ai Shang AI belongs to Beijing Jiezu Xiandeng Education Technology Co., Ltd., officially established in 2016, is an intelligent education platform focused on personalized teaching. The main solution path of “AI Shang AI” is to combine algorithm capabilities with K12 offline education scenarios to scan for knowledge vulnerabilities, and then accurately push the learning content. At the same time, these technologies are also combined with the OMO education model to focus on sinking Tier 3-5 cities.

“Hex”, a provider of K12 teaching solutions, completed a SeriesA+ financing of 50 million

 

On April 12th, Hex, a teaching solution provider, officially announced that it had received 50 million yuan in A+round of financing. This round of financing was led by Lanxin Technology and followed by Xintian Venture Capital. This round of funds will be used to deepen the integration of technology and teaching, and provide support for the improvement of education quality and intelligent evaluation of teaching in various regions.

Hexagonal Technology is a company that provides complete teaching solutions for K12 students and teachers in the system. It uses Internet technology and intelligent platforms to provide teachers and students with hybrid teaching solutions based on digital teaching platforms and high-quality curriculum content, and is based on the personalized data generated.Provide complete intelligent adaptive teaching services. Founded in 2016, it has been stationed in more than ten provinces across the country, covering more than 500 regional demonstration schools. This year's goal is to enter 2,000 schools and cover another 2,000 schools.

Parent-child service platform "Xingzhibao” completed nearly 10 million Pre-A round of financing

On July 30th, Xingzhibao, a one-stop parent-child consumer service platform, completed a Pre-A round of financing. This round was led by Ruma Venture Capital, followed by Yuzhou Capital and individual investors, and Yuzhou Capital served as the exclusive financial adviser. This round of financing will be used for platform upgrade, supply chain optimization, mother business school and other aspects of investment.

Zhibao is a one-stop parent-child consumer service platform, relying on many years of experience in offline parent-child activities, integrating the needs of children aged 0-16 for off—campus learning and entertainment, and creating a one-stop parent-child service that integrates online and offline learning products, massive children's books, lifestyle department stores, and local services.A comprehensive platform covering all aspects of parent-child life. While providing families with various types of parent-child products, Xingzhibao also provides Bao Ma with a one-stop Internet platform for carrying bags and starting businesses.

K12 subject AI tutoring course platform "Euler AI Course” completed 10 million yuan ANGEL round financing

On April 13th, Beijing Youyou Growth Technology Co., Ltd.'s K12 subject AI tutoring platform “Euler AI Course” has recently completed a 10 million yuan ANGEL round of financing. This round of financing will be mainly used for content service polishing, product operation upgrading, commercialization process and other aspects.

Online Economic and Social Education Station (EDU.100.EC.CN ) It was learned that Euler AI Class was established in 2020. It is an educational platform that focuses on the operation and research and development of AI tutoring products in primary and secondary schools. The current entry direction is junior high school mathematics, and its cumulative active users exceed 200,000. And has been iterated outThere were 500 AI animation classes, of which the completion rate reached 70%, and in terms of tutoring classes, the completion rate was 80%.

After a lapse of three months, the K12 application tool "Squirrel Ai” was strategically invested by the national team.

On October 23, Squirrel Ai completed a new round of financing. Investors include Greenland, Oriental State-owned Assets, and Citic Capital. In July this year, Squirrel Ai announced that it had received hundreds of millions of yuan in Series C1 investment from investment institutions such as SIG, Citic Securities, and NGP. After a lapse of three months, Squirrel Ai announcedCompleted a new round of financing. Education Station (EDU.100EC.CN ) It has been noted that the investors in this round, Greenland, Oriental state-owned Assets, and Citic in the previous round are all 100% state-owned or state-controlled companies.

K12 online education service provider "Aixuetang” was strategically invested by Netease Youdao

On October 12th, Muhua Chengzhi Education Technology Co., Ltd. underwent an industrial and commercial change, and a new shareholder, Beijing Netease Youdao Computer System Co., Ltd., held 0.01% of the shares.

Aixuetang belongs to Muhua Chengzhi Education Technology Co., Ltd., founded in May 2014. It is the online basic education channel of the Chinese MOOC platform Xuetang initiated by Tsinghua University. It is also the research exchange and achievement application platform of the Basic Education Department of the Online Education Research Center of the Ministry of Education. Relying on Tsinghua University's basic education resources and modern education technology, it is committed to building a one-stop smart education solution and operation platform.

“Xuexiaoyi”, a learning tool for college students, was acquired by an affiliated company of Bytedance.

On May 6, Beijing Ziyi Technology Co., Ltd. underwent a number of industrial and commercial changes, and its legal representative was changed from Guan Qin to Jiao Fengxian; investors added Beijing Bitzhike Technology Co., Ltd., an affiliate of Bytedance, with a shareholding of 75.50%, making it its largest shareholder. At the same time, Xia Xuhong and others were added to the main personnel, and Wang Jian and others withdrew.

It is understood that Beijing Ziyi Technology Co., Ltd. mainly operates the Xuexiaoyi APP. Xuexiaoyi is committed to building a learning service platform that everyone likes for college students. Through big data technology, we can match learning resources more efficiently, smarter, and more accurately, provide users with a variety of value-added services and learning tools, and make every effort to create a professional, simple, intelligent, and safe high-quality learning service platform.