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Aditya Hadi Pratama · · 1 min readWavemaker backs $3m round of Vietnamese edtech firm
MindX, a Vietnam-based coding school, has raised US$3 million in its latest round.
More funding details
- Lead investors: Wavemaker Partners and Thien Viet Securities
- Stage: Series A
More company updates
- Beacon Fund also participated in the round as a debt investor.
- Since its inception in 2015, MindX has taught coding to over 25,000 students through its online platform and 13 brick-and-mortar locations.
- In a statement, the company says that it has been profitable for the past six years.
- The edtech firm plans to use the fresh money to continue developing its online platform and bring its courses to second- and third-tier cities in Vietnam. It also wants to onboard more employer partners – firms that can potentially hire its coding graduates – from Singapore, Japan, and the US.
- In 2019, MindX raised US$500,000 in a funding round led by ESP Capital.
For more coverage of the company, head here. You can also click on the link below to view key details about the company as well as its funding history.
Editing by Miguel Cordon and Lorenzo Kyle Subido
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