Education platform VIPKID has announced $100 million USD in series C funding from existing investor Sequoia Capital and new investor Yunfeng Capital, the VC firm co-founded by Alibaba founder Jack Ma.

It comes at a time when China’s education online education market is attracting healthy inflows of capital despite an increasingly risk-averse VC market.

VIPKID is a platform that offers one-on-one language instruction for the Chinese market, targeting children between the ages of five and twelve.  The company says they will funnel the new capital into curriculum and product development, content, customer service and improving teaching standards.

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Cate Cadell

Cate is a tech writer. She worked as a journalist in Australia, Mongolia and Myanmar. You can reach her (in Chinese or English) at: @catecadell or catecadell@technode.com