# Meten EdTechX Education Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/meten-edtechx-education-group

- Industry: Education/Training
- Headquarters: Shenzhen, China
- Total disclosed funding: $70M
- Latest round: Series C (Jan 2, 2019)
- Investors on record: 4

## About

Established in 2006 and based in Shenzhen, China, Meten EdTechX Education Group is the merged entity of Meten International Education Group, an online-to-offline English language training institute, and EdtechX Holdings Acquisition Corp., a public acquisition company that focuses on education, education technology and training industry. The merged entity offers learning centers and digital platforms to help improve the English language competency of students and professionals. In January 2019, Meten International Education Group raised USD 43.617 million in series C funding from returning investor Shenzhen DG Capital Management and new investors MOOC-CN Investment and China International Capital Corporation Private Equity.

The company's products include general English, overseas exams, studying abroad, English for teenagers, international high schools, etc., and it provides a dual-platform teaching method of offline direct sales + online live broadcast.

The company generates revenue by providing English education and training.

## Funding rounds

- Series C, Jan 2, 2019, $44M — China International Capital Corporation, DGC, TH EDU Capital
- Series B, Jul 1, 2016, $26M — DGC
- Series A, Sep 29, 2015 — Fortune Capital

## Investors

- Fortune Capital — Series A
- DGC (https://capitalatlas.ai/funds/dgc) — Series B, Series C
- China International Capital Corporation (https://capitalatlas.ai/funds/china-international-capital-corporation) — Series C
- TH EDU Capital (https://capitalatlas.ai/funds/th-edu-capital) — Series C