Chinese language-learning app operator LingoAce raises US$105 million from funding round led by Sequoia Capital

Source: Tech – South China Morning PostMandarin-learning app operator LingoAce raised US$105 million in a funding round led by Sequoia Capital India to fuel its growth after pandemic-related lockdowns boosted demand for its service.Owl Ventures, Shunwei Capital and SWC Global took part in the Series C round, which brings the total raised this year to US$160 million, Singapore-based LingoAce said in a statement. Owl and Tiger Global led a US$55 million round earlier in the year.LingoAce targets children from 3 to 15 with an app…Read More

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