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Ao Meng programming won the B round financing from Qianhai FOF

2018.09.12 17:56

On September 12th, China’s leading online youth programming platform for 1 to 1 “Ao Meng Programming” announced that it has won RMB 120 million in Series B financing.The round of financing was jointly led by the two future giants, the Good Futures Fund and the IDG Capital. After this round of financing, Ao Meng Programming continues to lead the field of children's programming in China's STEAM education. Ao Meng said that in the future, it will increase the research and development of the curriculum and continue to expand the excellent faculty.

In 2018, children's programming is still a well-deserved "window" in the field of education. In August, the Ministry of Education publicized the list of new programs for university applications. The top five majors: data science and big data technology, robotics engineering, intelligent science and technology, intelligent manufacturing engineering, and artificial intelligence are all based on programming.

More than 600 national first-class middle schools in Tsinghua Middle School and NPC have successively opened courses related to programming education. The number of primary and secondary schools that have started in each city is growing exponentially.

The huge potential demand determines the fierce competition pattern, new players are constantly influx, the capital market is both realistic and cruel, and “big waves wash the sand”, in this blue sea, it is still the competitors who master the core barriers.

In 2017, Lianxun Securities had predicted that the future market size of the children's programming industry could reach RMB 23-35 billion. This year, this figure has been refreshed again. Some optimists believe that the development prospects of children's programming training are sufficient to mark the current children's English and become a new 100 billion K12 education market.