- Briefing Your roundup of Asian tech and startup news that matter
Aditya Hadi Pratama · · 1 min readSouth Korean edtech firm raises $50m from GGV Capital, SoftBank
Mathpresso, the South Korean firm behind education app Qanda, said it has secured US$50 million in its latest round.
More funding details
- Existing investor: SoftBank Ventures Asia, Legend Capital, Mirae Asset Venture Investment, and Smilegate Investment
- Other investors: GGV Capital, Yellowdog, Goodwater Capital, and KDB
- Stage: Series C
More company updates
-
With this latest round, Mathpresso has raised US$105 million from investors to date. It also marks GGV Capital’s first investment in South Korea.
- The company plans to use the fresh funds to strengthen its AI-based algorithms and develop business models for its regional offices in Indonesia and Thailand.
- Over 9.8 million monthly users from more than 50 different countries are now on its Qanda app, increasing fivefold from last year. Roughly 80% of its users live outside South Korea.
- Qanda is now available in seven languages including Korean, English, Spanish, Japanese, Vietnamese, Indonesian, and Thai. Aside from its headquarters in Seoul, Mathpresso has offices in Tokyo, Hanoi, Jakarta, and Bangkok.
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 Eileen C. Ang
(And yes, we’re serious about ethics and transparency. More information here.)
Stay updated on the go with our mobile app.
Get latest insights with smoother, more personalized experience through TIA mobile app.
📅 Upcoming Events
22 October 2026
Payoneer x CSPN Summit 2026