Zhangmen, a Chinese online education platform for the K-12 demographic, has raised a US$350 million series E1 round of financing, led by CMC Capital Partners and CICC Alpha, a subsidiary of state-owned China International Capital Corporation Limited. The company has confirmed the round to Chinese media platform 36kr. Shanghai-based CMC Capital Partners is a private equity […]

Warburg-Backed Chinese Online Tutoring Portal Zhangmen Raises E1 Round appeared first on China Money Network.