Elice Inc., a South Korean startup offering digital learning platform for teachers and corporations, has raised $14.9 million invested by Vertex Holdings, a Singapore-based venture capital, according to The Korea Economic Daily.
Founded in 2015, Elice offers an all-in-one digital learning platform, called Elice LXP. The platform enables its users to create a virtual teaching and learning space, and customize education programs tailored to different needs.
The company currently provides 1,600 clients, including corporations, universities, government agencies and state-run organizations, with its customized digital transition (DX) education services.
With the proceeds, the company will build an extensive infrastructure for AI education and research, said Kim Jae-won, Elice Chief Executive Officer.