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Zenius app raises pre-Series B funding

Indonesia: Zenius, an Indonesia-based edutech company focusing on developing critical thinking and scientific reasoning, announced today it has raised an undisclosed amount in pre-Series B investment.

The money came from new investors such as Alpha JWC Ventures and Openspace Ventures and existing backers, including Northstar Group, Kinesys, and BeeNext.

Zenius plans to use the funds to further develop its platform to “meet the growing customer demand”.

Founded in 2004 by Sabda PS and Medy Suharta, Zenius has developed a mobile app offering a series of products across different verticals. The app focuses on K12 students and claims to have over 90,000 concept videos and more than a hundred thousand practice questions.

“Zenius has demonstrated over a decade of track record in proven learning outcomes while reinventing the core offering as new mediums have emerged. We believe its proven track record will be a key differentiating factor in the rapidly evolving education landscape and we hope that the fresh round of funding will propel its growth further,” said Ian Sikora, Director at Openspace Ventures.

The edutech startup offered most of its services for free during the first half of 2020 to support the Indonesian government’s learn-from-home initiatives during the early stages of the COVID-19 pandemic.

Source
e27

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