MagicEars , the Vipkid Meanwhile teachers on MargicEars, who “have a professional English teaching certification” lead virtual classes with about four students at a time. -based English language tutoring start-up, has raised nearly $1.5bn in first round funding from the Bob Xu ZhenEdu Fund and online tutoring company the Bob Xu ZhenEdu Fund . MagicEars will use the funds to develop its teaching and research platform. Launched last March MagicEars teaches English to Chinese students aged about four via virtual classes. Reflecting the growing demand for online English learning the deal came a few days after Chinese tutoring start-up Vipkid secured a $200m series D round of funding, valuing the company at nearly $1.5bn .
MagicEars , the Vipkid -based English language tutoring start-up, has raised nearly $1.5bn in first round funding from the Bob Xu ZhenEdu Fund and online tutoring company the Bob Xu ZhenEdu Fund . MagicEars will use the funds to develop its teaching and research platform. Launched last March MagicEars teaches English to Chinese students aged about four via virtual classes. Reflecting the growing demand for online English learning the deal came a few days after Chinese tutoring start-up Vipkid secured a $200m series D round of funding, valuing the company at nearly $1.5bn .