Barely six months after securing US$7 million Series A from Xiaomi founder Lei Jun’s Shunwei Capital, Singapore-headquartered online language learning platform LingoAce has landed US$6 million in Series A-plus, led by Sequoia India.
Shunwei also returned to be part of the new round.
The fresh...
Once known for its affordable smartphones, Xiaomi has in recent years been transforming itself into an online mall for consumer electronics by making deals and building relationships with hundreds of hardware and lifestyle startups. And some of its allies are now going after the Western market...
Singapore-based online language learning platform LingoAce has received a US$7 million Series A funding from Shunwei Capital, a VC fund co-founded by Xiaomi co-founder Lei Jun.
LingoAce CEO and founder Hugh Yao said that the company will focus the funding to expand its operations in Southeast Asia...
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.
Late last week a Chinese company called Kingsoft Cloud filed to go public in the United States. The cloud infrastructure business intends to list on the Nasdaq under the symbol...