Chinese edtech startup KnowBox closes $150m Series D round led by Alibaba

Students at the Shichahai sports school attend a class in Beijing, China, May 18, 2016. REUTERS/Damir Sagolj/Files

China’s online education startup KnowBox on Friday announced the completion of its $150-million Series D funding round led by internet giant Alibaba. The startup also announced an identity makeover by changing its name to SmallBox Technology.

SmallBox, which was set up in Beijing in 2014, offers two main learning services: private teaching and family counselling.

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