What is Codemao?
Codemao, also known as 点猫科技, is dedicated to providing comprehensive programming education solutions tailored for young learners. The company's curriculum is designed for a gradual progression, starting from foundational graphical programming and extending to advanced algorithms and artificial intelligence applications. Codemao offers a diverse range of courses, including Python, and integrates AI creative tools to enhance the learning experience and foster innovation. Beyond direct student offerings, the company collaborates with schools and educational authorities to enrich science education and promote AI literacy, aiming to bridge educational disparities across urban and rural areas and equip future generations with essential digital skills.
How much funding has Codemao raised?
Codemao has raised a total of $298.7M across 4 funding rounds:
Series A
$20.9M
Series B
$18M
Series C
$61.8M
Series D
$198M
Series A (2017): $20.9M, investors not publicly disclosed
Series B (2017): $18M led by Hillhouse Capital
Series C (2019): $61.8M supported by Cheetah Mobile, Hillhouse Capital, RCIF, CrystalStream, and SAIF Partners
Series D (2020): $198M featuring Hillhouse Capital (高瓴资本), Sino-Ocean Capital, China CITIC Group Co., Ltd, Barings LLC, Gold Stone Mutual Investments LLC, and BOC International Inc
Key Investors in Codemao
Hillhouse Capital
Hillhouse Capital is an Asia-focused global private investment firm founded in 2005, with offices in Hong Kong, Beijing, and Singapore, specializing in growth capital investments.
Cheetah Mobile
Cheetah Mobile is a Chinese mobile internet company established in 2010, known for developing mobile applications and providing internet security software.
SAIF Partners
SAIF Partners is a private equity firm that focuses on providing growth capital to companies in China or with significant operations in the region, across sectors like TMT and healthcare.
What's next for Codemao?
With its recent major strategic investment, Codemao is poised for accelerated expansion and further development of its educational technology platform. The company's focus on AI literacy and advanced programming for young learners aligns with global educational trends, suggesting a strategic direction towards deepening its market penetration and potentially exploring new pedagogical approaches. Continued investment in curriculum development and teacher training will be crucial for maintaining its competitive edge and achieving its mission of empowering future creators.
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