Uniquedu, the education company behind Chinese MOOC platform Kaikeba has raised a $16.5 million Series A led by Fosun Venture Capital Investment.
Uniquedu had started off as a classic offline education service and launched its IT training focused MOOC platform in August 2013. The company is headquartered in Beijing and has offices in Silicon Valley, Miami and Tokyo.
Similar to Coursera, students who finish courses on the Kaikeba platform receive certificates that are honored by its partner universities and can be exchanged for credits towards a degree. Partner universities include Beihang University, Shanghai Jiaotong University, Dalian University of Technology, Xiamen University.
The Chinese market is naturally an interesting one for edtech startups. In October 2013 Coursera announced a partnership with NetEase to bring its course catalog to Chinese students.
Only three days later edX announced its partnership with leading Chinese universities to launch the MOOC platform XuetangX. Like France Université Numérique XuetangX operates independently from edX but is based on the platform software.
- Education Service Uniquedu Reportedly Gets $16.48 Million Series A Funding | TechNode
- Chinese Coursera-style education portal scores $16.5 million funding | Tech in Asia
- A new partnership to bring Coursera to the hundreds of millions of Chinese learners across the world | Coursera
- edX XuetangX announcement | edX