PROJECT

Projects

Summary of Investment Information

Project Number

42177

Company Name

ZHANGMEN EDUCATION INC.

Date SPI Disclosed

Dec 4, 2018

Country

China

Region

East Asia and the Pacific

Projected Board Date

Jan 14, 2019

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Apr 3, 2022

Department

Disruptive Technologies and Funds

Industry

Health, Education and Life Sciences

Previous Events

Approved : Feb 6, 2019
Signed : May 9, 2019
Invested : May 22, 2019

Sector

Other Training

Project Description

Global Online Education Inc., or Zhangmen Education (“Zhangmen” or the “Company”), is an online education technology company providing K12 after-school tutoring in China. By leveraging the power of internet and its platform that connects high quality teachers with students, Zhangmen increases access to quality educational resources especially for students in less developed regions in China.                                                    

Associated Advisory Engagement

                              

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation