New Oriental Invests $10M In Education Firm Roborobo

Beijing-based online robot education platform Roborobo has received US$10 million new round of financing from New Oriental Education & Technology Group Inc., according to Chinese media reports.

Launched in China in 2008, Roborobo previously received RMB10 million angel investment from Zhen Fund in 2014.

ZhenFund is co-founded by Xu Xiaoping, a co-founder of New Oriental Education.

Roborobo provides education and training services to 4- to 12-year-olds on assembling robots. The company currently has over 100 training centers in China.

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