ByteDance led the funding round with participation from existing global investors TAL Education Group and Yongjin Group.

Minerva Project Raises USD 57 Million in Series C Funding

Minerva Project, a San Francisco-based edtech firm has announced the closing of its Series C round. The company has raised USD 57 million, bringing its total capital raised to date in excess of USD 128 million. The company will use the funding to accelerate access to its learning experiences through partnerships with universities and corporations. Its fundraisers involve some of the same Asian investors in this round as well.