101 Teacher-Factory(101名师工厂), a Multiple-channel Network(MCN) brand of Guoduo Technology, announces today its angel round invested by BE Capital, with the amount undisclosed. According to the founder Qin Liuxing, the fund will be used to contract more KOLs focusing on online education, as well as recruit more talents for the team.
Established at the end of 2019, 101 Teacher-Factory is the first MCN brand in China to incubate KOLs who are teaching online. Providing the service including content creation and brokerage, the company also helps the KOLs to improve their commercial value and the capability to monetize by cooperating with top educational product providers.
Up to now, the brand has contracted more than 100 KOLs teaching the skills of English learning, memorizing vocabularies and simultaneous interpretation, etc. For instance, Darby is an English teacher from Canada with over 3.3 million Douyin(Tik Tok China) followers and 2 million followers on Kuaishou(Kwai), one of the world’s leading short video social platforms.