Chinese coding education startup Codemao raises $198m led by Baring PE, others

Chinese coding education startup Codemao raises $198m led by Baring PE, others

Codemao

Shenzhen-based online coding education provider Codemao said on Friday that it has pocketed 1.3 billion yuan ($198 million) in a Series D round of financing led by an affiliate fund of private alternative investment firm Baring Private Equity Asia (BPEA).

The corpus raised by Codemao in the latest round is the largest funding in China’s coding industry, the company announced on WeChat on Friday.

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