# Microduino

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

- Industry: Hardware
- Headquarters: Beijing, China
- Website: www.microduino.cn
- Total disclosed funding: $0.5M
- Latest round: Angel (Aug 1, 2017)
- Investors on record: 4

## About

Microduino develops innovative educational solutions focused on STEAM and artificial intelligence, offering a range of products and services that enhance learning experiences across various educational settings.Founded in 2013, Microduino is based in Beijing, China and specializes in educational solutions for STEAM fields. The company was co-founded by Bin Feng and Zhenshan Wang, both of whom serve as the CEOs. Microduino has raised a total of USD 0.50 mn in funding, with the latest round being an Angel investment in November 2017, which included notable investors such as Qualcomm Ventures and Sequoia Capital. The company has completed three deals to date.Microduino specializes in STEAM (Science, Technology, Engineering, Arts, and Mathematics) and artificial intelligence educational solutions. The company offers a comprehensive range of products and services including educational software and hardware, professional development for educators, competitive evaluations, and marketing services, all designed to enhance learning experiences for K-12 and higher education. Their methodologies, such as the "Innovation Education" model and "Controllable Uncertainty," cater to diverse educational needs, targeting markets like China and other East Asian countries.Microduino's revenue model is based on direct sales of educational products and services, partnerships with educational institutions, and competitive events. Their transactions typically involve schools purchasing software licenses, hardware kits, and enrolling educators in professional training sessions. Revenue is also generated through event participation fees from competitions assessing skills in STEAM subjects, accommodating different educational levels and budgets through various tiered plans.Microduino aims to leverage its latest Angel funding from November 2017 to support new product development and expand into additional markets. The company is focusing on launching new educational products that will meet the increasing demand for innovative STEAM solutions. Additionally, they plan to enter markets beyond China, specifically targeting regions in East Asia with emerging educational technology needs. These initiatives are expected to enhance their offerings and increase their market presence.

## Funding rounds

- Angel, Aug 1, 2017 — Future Capital Discovery Advisory (Hong Kong) Limited
- Angel, Sep 29, 2016, $0.5M — Hong Shan, Qualcomm Ventures, Cyzone Angel Fund

## Investors

- Hong Shan — Angel
- Qualcomm Ventures (https://capitalatlas.ai/funds/qualcomm-ventures) — Angel
- Cyzone Angel Fund (https://capitalatlas.ai/funds/cyzone-angel-fund) — Angel
- Future Capital Discovery Advisory (Hong Kong) Limited (https://capitalatlas.ai/funds/future-capital-discovery-advisory-hong-kong-limited) — Angel