New Oriental Education and Culture Industrial Fund

About

New Oriental Education and Culture Industrial Fund is an equity investment fund.

Beijing,Beijing,China
http://edufund.neworiental.org/en/

Highlights

Details

Industries: Financial Services
Operating Status: Active
Investor Type: PE

New Oriental Education and Culture Industrial Fund (EDU Fund) is an equity investment fund initiated by the New Oriental Education and Technology Group (New Oriental Group). Subscribers of the fund include the cornerstone investor New Oriental Group and a series of top Chinese financial institutes and well-known enterprises like ICBC (Industrial and Commercial Bank of China), CITIC Trust, Zhang Jia Gang Industrial Capital Center, Noah Private Wealth Management and 51jobs. Team members are former members of the New Oriental Group’s Investment Department.

Investments

Number of Investments

Number of Lead Investments

10

8

New Oriental Education and Culture Industrial Fund has made 10 investments. Their most recent investment was on Jul 29, 2021, when LaiHua raised ¥188M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Jul 29, 2021 LaiHua	Series C	¥188M	Animation	Yes
May 17, 2021 Ekeguan.com	Series B	$15M	Financial Services	Yes
Apr 15, 2021 LaiHua	Series B	¥166M	Animation	Yes
Jan 20, 2021 Erwan Technology	Series E	—	B2C	Yes
Sep 16, 2020 Lele Ketang	Series C	$40M	E-Learning	—