Minerva Project Closes $57 Million in Series C Funding
TAL Education Group American Depositary Shares (TAL)
Last tal education group american depositary shares earnings: 7/25 04:00 am
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Source: PR Newswire
SAN FRANCISCO, July 11, 2019 /PRNewswire/ -- Minerva Project, a leading educational innovator and global provider of top-tier educational offerings, today announced the close of its Series C round, raising US $57 million in new financing, bringing Minerva's total capital raised to date in excess of US $128 million. The round was led by Bytedance, one of the fastest growing technology companies, with participation from existing global investors TAL Education Group (NYSE: TAL), a leading K-12 after school tutoring education services provider, and Yongjin Group, a holding company and private equity investor in various industries. Additional investors in the round include Pinpoint Ventures, Kakao Ventures, Tan Tan Ventures, Lighthouse Combined from Korea as well as a select number of other new and existing investors. Minerva will use the capital to accelerate access to its unparalleled learning experiences through partnerships with universities and corporations.Along with the announcement
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