Online Art Education Brand VIPidea Announces Angel Round of Financing
2020-05-22 16:45:15

VIPidea, an art education platform for kids from 3 to 9-year-old, announced recently its second deal in angel round with tens of millions yuan invested by 58 Industry Fund. Liu Bo, the founder and CEO of VIPidea, said that the fund will be used for technology development, product optimization and talent recruitment.

Founded in March 2018, the company adopts an AI teaching model, combining the education of English and art. And VIPidea has also closed its deal of angel round in November 2018. As of now, the company has about 70,000 to 80,000 users. Amid the COVID-19 epidemic, VIPidea as an online platform has witnessed a fourfold user growth this February.

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