What is Doyobi?
Doyobi is an innovative educational platform dedicated to teaching coding and science through interactive instructional videos. Developed by experienced educators, the company's curriculum is designed to foster curiosity, creativity, and a growth mindset in young learners. Doyobi employs a blended learning approach, integrating self-paced modules with interactive content. As a spin-off from Singapore's pioneering coding school for children, Saturday Kids, Doyobi's educational programs are already making a substantial impact. Its curricula are utilized in Code In The Community, Singapore's largest free coding initiative, which is notably supported by Google and IMDA. This widespread adoption highlights Doyobi's commitment to accessible and impactful STEM education.
How much funding has Doyobi raised?
Doyobi has raised a total of $3.8M across 2 funding rounds:
Other Financing Round
$1M
Angel/Seed
$2.8M
Other Financing Round (2020): $1M with participation from Xoogler Angels and 500.com
Angel/Seed (2021): $2.8M led by Monk’s Hill Ventures
Key Investors in Doyobi
Monk’s Hill Ventures
Monk's Hill Ventures is a prominent venture capital firm that typically invests in early-stage technology companies across Southeast Asia, focusing on scalable businesses with strong management teams.
Xoogler Angels
Xoogler Angels is an investment group comprised of former Google employees, often focusing on early-stage technology startups with disruptive potential.
500.com
500.com is a leading online sports lottery service provider in China, offering a comprehensive suite of services. Their investment in Doyobi suggests an interest in diversifying their portfolio into educational technology or companies with a strong presence in Asian markets.
What's next for Doyobi?
With the recent infusion of capital, Doyobi is strategically positioned to scale its operations and enhance its educational offerings. The enterprise-level funding suggests a focus on expanding its reach to a broader audience, potentially through new market entries or partnerships. Future developments are likely to include the enhancement of its interactive video platform and the expansion of its course catalog to cover a wider range of STEM subjects. The company's trajectory indicates a strong emphasis on nurturing foundational skills for the digital age, aligning with global trends in educational technology and workforce development.
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