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Stock impact report

Minerva Project Closes $57 Million in Series C Funding

TAL Education Group American Depositary Shares (TAL) 
Last tal education group american depositary shares earnings: 7/25 04:00 am Check Earnings Report
Company Research Source: PR Newswire
SAN FRANCISCO, July 11, 2019 /PRNewswire/ -- Minerva Project, a leading educational innovator and global provider of top-tier educational offerings, today announced the close of its Series C round, raising US $57 million in new financing, bringing Minerva's total capital raised to date in excess of US $128 million. The round was led by Bytedance, one of the fastest growing technology companies, with participation from existing global investors TAL Education Group (NYSE: TAL), a leading K-12 after school tutoring education services provider, and Yongjin Group, a holding company and private equity investor in various industries. Additional investors in the round include Pinpoint Ventures, Kakao Ventures, Tan Tan Ventures, Lighthouse Combined from Korea as well as a select number of other new and existing investors. Minerva will use the capital to accelerate access to its unparalleled learning experiences through partnerships with universities and corporations.Along with the announcement Show less Read more
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