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Landzo Secures $29.23 Million In Series A Round

Sep 27, 2021almost 4 years ago

Amount Raised

$29.2 Million

Round Type

series a

Shenzhen

Description

Landzo Technology Co., Ltd., a provider of educational robots and STEAM education toys, announced that it had raised $29.23 million in Series A funding in June. Investors included GeniLink Capital, CTV Golden Bridge, the Nanjing Municipal Government Fund as well as some funds that regularly invest in publicly-traded companies specializing in culture and education. Glacier Capital served as its long-term exclusive financial adviser. China's latest directives banning extra-curricular courses provided by private firms represent a huge challenge to the traditional educational training sector

Company Information

Company

Landzo

Location

Shenzhen, Guangdong Province, China

About

Founded in 2011, Landzo Technology Co., Ltd. focuses on the development of AI teaching tools and toys in STEAM education. The company, which has to date received $46.38 million in financing, remains committed to innovation and practices in STEAM education. Currently Landzo boasts 5 brands: Landzo Electronic, Landzo AI and Robotics, Landzo Planet, Landzo STEAM Institute, and Landzo Education. For more information, Landzo invites you to visit www.landzo.com.cn www.landzo.com View original content to download multimedia:https://www.prnewswire.com/news-releases/landzo-secures-29-23-million-in-series-a-round-301383861.html

Funding Insights

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