# Codemao

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/codemao

- Industry: Education/Training
- Headquarters: Shenzhen, China
- Website: www.codemao.cn
- Total disclosed funding: $355M
- Latest round: Series D (Nov 20, 2020)
- Investors on record: 22

## About

Codemao, based in Shenzhen, China, specializes in innovative programming education solutions for children and adolescents, focusing on enhancing digital literacy through engaging programming tools and courses.Founded in 2015, Shenzhen Dianmao Technology Co., Ltd. develops programming education products for young learners. The firm has participated in 12 investment deals, with the most recent funding round being a Series D that raised CNY 1300.000 mn on February 1, 2021, led by BPEA EQT and supported by investors like BOC International and Goldstone Investment. Charles Tian and Tianchi Li co-founded the company, and its headquarters is located in Shenzhen, China.Dianmao Technology provides a proprietary suite of programming software and online courses designed for various age groups, including its flagship product, Kitten N. This graphical programming tool incorporates advanced AI features, allowing users to create projects across multiple devices. The company's solutions are utilized by educational institutions and individual learners in regions such as Asia, North America, and Europe, addressing the demand for programming skills in a technology-driven world.Dianmao Technology generates revenue through a subscription model, offering tiered pricing plans for schools and individual users. Partnerships with institutional clients allow for customized programming education solutions, and the company collaborates with organizations like UNESCO to enhance its market reach and diversify revenue through various collaborations.The latest funding round will support the development of new educational products and an expansion into international markets. With strategic investments like the one from OPPO Electronics Corporation in February 2021, Codemao is poised to further enhance its programming education offerings and reach more learners worldwide.

## Funding rounds

- Series D, Nov 20, 2020, $198M — EQT Private Capital Asia, Guangdong Technology Financial Group, BOC International (China), Hillhouse Investment, BOC International, CITIC Securities, CMB International Asset Management, Wens Capital, Sino-Ocean Capital, Goldstone Investment, Youshan Capital, Greater Bay Area Homeland Investments Limited
- Series C, Apr 17, 2020, $35M — Guangdong Technology Financial Group, BOC International, CMB International Asset Management, Sharewin Investment
- Series C, Nov 4, 2019, $57M — Hillhouse Investment, Cheetah Mobile Inc., Crystal Stream, Elevation Capital, RCFSI
- Series B, May 25, 2018, $47M — Green Pine Capital Partners, CMB International Asset Management, Shanshui Venture, The Beijing News
- Series B, Nov 17, 2017, $18M — Hillhouse Investment, Cheetah Mobile Inc., Crystal Stream, Qinghan Fund
- Seed, Jun 1, 2015 — Purple Cow Startups

## Investors

- Purple Cow Startups (https://capitalatlas.ai/funds/purple-cow-startups) — Seed
- Hillhouse Investment (https://capitalatlas.ai/funds/hillhouse-investment) — Series B, Series C, Series D
- Cheetah Mobile Inc. — Series B, Series C
- Crystal Stream (https://capitalatlas.ai/funds/crystal-stream) — Series B, Series C
- Qinghan Fund — Series B
- Green Pine Capital Partners (https://capitalatlas.ai/funds/green-pine-capital-partners) — Series B
- CMB International Asset Management (https://capitalatlas.ai/funds/cmb-international-asset-management) — Series B, Series C, Series D
- Shanshui Venture — Series B
- The Beijing News — Series B
- Elevation Capital — Series C
- RCFSI — Series C
- Guangdong Technology Financial Group (https://capitalatlas.ai/funds/guangdong-technology-financial-group) — Series C, Series D
- BOC International (https://capitalatlas.ai/funds/boc-international) — Series C, Series D
- Sharewin Investment (https://capitalatlas.ai/funds/sharewin-investment) — Series C
- EQT Private Capital Asia (https://capitalatlas.ai/funds/eqt-private-capital-asia) — Series D
- BOC International (China) (https://capitalatlas.ai/funds/boc-international-china) — Series D
- CITIC Securities — Series D
- Wens Capital (https://capitalatlas.ai/funds/wens-capital) — Series D
- Sino-Ocean Capital (https://capitalatlas.ai/funds/sino-ocean-capital) — Series D
- Goldstone Investment — Series D
- Youshan Capital (https://capitalatlas.ai/funds/youshan-capital) — Series D
- Greater Bay Area Homeland Investments Limited (https://capitalatlas.ai/funds/greater-bay-area-homeland-investments-limited) — Series D