(Yicai Global) Dec. 8 -- All-Dream Programming Quality Education (All-Dream), a live broadcasting service platform for youth coding education, recently secured tens of millions of yuan in its A-round financing.
Proceeds will mainly go to expanding the faculty and curriculum research and development, internet media 36kr.com reported.
Qingsong Fund led this funding round, followed by Oriental Fortune Capital, Atom Ventures and famous investor Wang Gang.
All-Dream's business includes online one-on-one live-broadcast courses and offline one-on-six small-class courses. Video, audio and graffiti interaction is available during its live broadcasts that stimulate students' interest in coding, while teaching them coding logic and basic skills.
Before admitting them to its live-broadcast courses, All-Dream evaluates students' cognitive psychological development level, and customizes their curricula per their evaluation results.
In addition to All-Dream, startups offering similar services, such as Codemao and Codepku, have also recently obtained financing, indicating that the youth coding niche sector is increasingly garnering the attention of ambitious Chinese parents.
The future market scale for the kids' coding industry is expected to reach CNY23 to 35 billion (USD3.5 billion to USD5 billion), a research report by Lianxun Securities predicts.