CoLearn raises additional $17 mn in Series A follow-on funding round

CoLearn, one of the fast-growing edtech platforms in Southeast Asia, on Thursday announced that it has raised an additional $17 million as part of its Series A follow-on funding from TNB Aura, KTB Network, and BINUS GROUP, with participation from existing investors AWI, Sequoia Capital India’s Surge, GSV Ventures, AC Ventures, Leo Capital, and January Capital.

This is a maiden investment for Indonesia’s leading university, BINUS GROUP, which has joined the company as a strategic partner. The funding which brings CoLearn’s funding total to $34 million will be deployed to strengthen CoLearn’s go-to-market strategy, enabling the company to further