Do Ventures has a third investment in edtech Manabie in a $ 3 million fundraising round

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Venture capital fund Do Ventures has just announced an investment in Manabie – an online learning platform. The investment round features Do Ventures, Genesa Ventures, Chiba Dojo, and other investors with a total capital of $ 3 million.

Model of educational technology company (edtech) combines online and offline, including mobile application and counseling center in Ho Chi Minh City.

Present in Vietnam market since January 2020, Manabie is led by CEO and co-founder Takuya Homma (Japanese). He has 10 years of experience in the field of education and knowledge of the Southeast Asian market.

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Takuya was a founding member of startup Quipper, later acquired by Recruit – Japan’s largest human resources company currently listed on the Tokyo Stock Exchange with a capitalization of more than $ 85 billion. The other co-founder is Christy, who worked in senior positions at Hong Kong’s major investment and consulting groups before joining Lazada’s founding team in 2012.

After a year of launch, the Manabie app recorded more than 350,000 downloads. So far, the startup has raised a total of $ 4.8 million.

Do Ventures is co-founded by Nguyen Manh Dung (Shark Dzung) and Le Hoang Uyen Vy, who have a lot of experience in the field of start-up and start-up investment. Manabie is Do Ventures’ third investment since its September launch, after F99 and Palexy.

Source: ndh.vn – Translated by fintel.vn