Participated · Series E · Oct 2020

Huohua Siwei is a Beijing-based online K12 platform focused on mathematics and science education. The company delivers online educational services for K–12 students in those subjects. The article does not detail specific products, features, or future plans. On Monday the company said it had closed a Series E funding round raising over $400 million. The report provides no operating metrics such as revenue or user counts. No additional financial terms or investor details were disclosed in the article. Huohua Siwei is a Beijing-based online education platform founded in 2017 that offers live and AI-enabled courses. It launched livestream math classes in March 2018, added Chinese classes in August 2019, and introduced English courses in August. Its product portfolio includes Huohua Siwei Ketang, featuring math classes delivered by human teachers via livestreaming, and XiaoHuohua AI Ke, which provides AI-enabled math courses. The company reports 85,000 daily learners across its learning apps and 250,000 total learners. Huohua has raised a total of USD 440 million since founding. The business benefited from increased demand for online learning during the COVID-19 pandemic. Huohua Siwei is a Chinese online K12 mathematics and science education platform offering curriculum-focused instruction. The company delivers math and science education to K12 students via its online platform. In recent months its paying user base has increased significantly. Huohua Siwei has collected $150 million in a Series E1 round of financing. The round was led by New York-based private equity firm KKR & Co. The article does not provide additional financial details or name other investors. Huohua Siwei operates an online education platform focused on developing critical thinking in children aged three to 12, with an emphasis on math and science. The company is Beijing-based and was founded in 2017. As of August 2019 it had over 60,000 students and about 1,800 teachers. The startup is in the middle of a new financing round aiming to raise between USD 100 million and USD 150 million. Beijing Kuaishou Technology recently invested USD 30 million after talks that began in late 2019; the investment was made after the Chinese New Year. Previously, Huohua Siwei secured USD 85 million in August 2019 in a round led by GGV Capital and KKR, with Sequoia Capital China, IDG Capital and LightSpeed China among the investors.