Edtech firm nets $1.5m in round co-led by Enterprise Singapore-backed accelerator

Singapore-based edtech startup Flying Cape announced that it has raised US$1.5 million to scale up its operations in China and throughout Southeast Asia.

More funding details

• Lead investors: Startup O and EduSpaze, an edtech accelerator supported by Enterprise Singapore
• Stage: Series A

More company updates

• Flying Cape has developed a proprietary diagnostic assessment to help parents understand their children’s learning style and interests in order to find the best-fitting classes for their specific needs.
• The assessment tool is currently available in 10 educational marketplaces that serve learners in different age groups, from children to adults.
• The startup said it has seen traffic and transaction volumes rise by more than 400% over the past 12 months and has expanded its network of partners from 800 to 1,000.

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