/Education robotic startup Makeblock lands USD 29 M Series B financing, & more

Education robotic startup Makeblock lands USD 29 M Series B financing, & more

Makeblock

Founded in: 2013

Founder: Wang Jianjun

Financing status: RMB 200 million (USD 30 million) in Series B financing in 2017

Makeblock is a robotic educational company that enables students to build robots, just as if they were using Lego blocks, to build and shape the robot’s functions as they desire. They also use these robots to teach STEAM (Science, Technology, Engineering, Arts, Mathematics) to users.

Founded in 2013 in Shenzhen, Makeblock wants to use technology to help customers create robots more easily. With a valuation of more than RMB 1 billion, Makeblock raised 29 million in a Series B financing round led by Evolution Media China and Shenzhen Capital Group. Makeblock will use this fund to create new STEAM educational courses and expand its sales all over the world.

Screenshot from Haosesalad.com
Screenshot from Haosesalad.com

Healthy salad maker Sexy Salad landed a few millions in USD for Series B financing

Sexy Salad

Founded in: 2015

Founder: Xiao Guoxun

Financing status: A few millions USD for Series B financing in 2017

Sexy Salad is a salad brand for making healthy salad as a staple food. Since Sexy Salad was founded in 2015 in Shenzhen, customers can not only buy salads online via Wechat and Meituan, but also can purchase and eat a Sexy Salad at an offline store. Sexy Salad believe that Chinese people will want a healthier diet as its economy grows, so eating salad as a staple food would be a prime choice for young people and the middle class in China. Sexy Salad raised its angel round financing from IDG in 2015; this Series B financing was led by Hony Capital. Sexy Salad is expanding their business to more Chinese cities to try to establish their brand.

(Top photo from 58pic.com)

Kaikai Shi majored in Biotechnology at Zhejiang University. He now runs the Tech Financing column for AllChinaTech. His interests are in new technology and reading. Kai believes that new technology will change the world we live in, and is trying to engage himself in this process.