Founded in: 2003
Financing status: RMB 60 million (USD 8.6 million) in Series Pre-A financing in 2017
Xiao Niudun, literally meaning “Little Newton”, is an early childhood education startup. Its system of coursework originated in Taiwan and Australia, but the startup was founded in 2003 in Beijing. Xiao Niudun now offers services of early child care, providing a curriculum designed to help the transition to primary school. Xiao Niudun believes that this new generation of parents will be the driving force behind a growing demand for early childhood education: such people live under enormous pressure, and have no time and energy for home education.
After raising Series Pre-A financing from The Leading Win Fund, Xiao Niudun will focus on creating educational content, expanding their team of employees, expanding marketing, and speeding up its business efficiency.
Tmall associated Logistics robot maker Geek+ lands USD 22 M
Founded in: 2015
Founder: Zheng Young
Financing status: RMB 150 million (USD 22 million) in Series A financing in 2017
Geek+ is a logistics robot maker founded in 2015 in Beijing. As a partner of many online and offline retail companies, including Tmall, more than 300 Geek+ logistics robots have been put into commercial use. In a warehouse, workers can easily get goods transferred with the help of Geek+ logistics robots. For companies, Geek+ logistics robots can increase the productivity of workers sorting goods, saving labor costs.
Geek+ grabbed this Series A financing from Vertex ventures; it will use this funding to increase investment in products and business development.
(Top photos from 58pic.com)