# Xiaoyezi (Beijing) Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/xiaoyezi-beijing-technology-co

- Industry: Education/Training
- Headquarters: Beijing, China
- Website: www.xiaoyezi.com
- Total disclosed funding: $43M
- Latest round: Series C (Jun 17, 2022)
- Investors on record: 6

## About

Established in 2013 and based in Beijing, China, Xiaoyezi (Beijing) Technology Co., Ltd. operates as a technology music education company that focuses on artificial intelligence. The company has been awarded the Gold Award of Edison Invention Award, the iF Design Award of Germany, the Outstanding Educational Product Award from the NAMM show of the American Musical Instrument Association, and other awards. In November 2021, it raised over CNY 200 million in series C+ funding led by returning investor Zhencheng Capital. Other returning investors MFund and new investor VenturesLab also participated in the round.

The company provides intelligent piano equipment. The product of the company includes The One Smart Piano, the one smart piano portable light, the one smart piano classroom, and the one piano+. The company has also launched a smart drum kit learning tool app, which is available in 174 countries.

The company plans to launch smart instrument drum sets and piano smart learning tool apps for all ages.

## Funding rounds

- Series C, Jun 17, 2022 — Zhencheng Capital
- Series C, Nov 8, 2021, $31M — VenturesLab, Zhencheng Capital, MFund
- Series C, Aug 16, 2017 — Zhencheng Capital
- Series B, Oct 27, 2015, $10M — Hong Shan, Sinovation Ventures, ZhenFund
- Series A, Jun 13, 2014, $1.6M — Sinovation Ventures

## Investors

- Sinovation Ventures (https://capitalatlas.ai/funds/sinovation-ventures) — Series A, Series B
- Hong Shan — Series B
- ZhenFund (https://capitalatlas.ai/funds/zhenfund) — Series B
- Zhencheng Capital (https://capitalatlas.ai/funds/zhencheng-capital) — Series C
- VenturesLab — Series C
- MFund (https://capitalatlas.ai/funds/mfund) — Series C