Zhangmen Education Inc. announced that it has received $400 million in funding from SoftBank Investment Advisers (UK) Limited, CPP Investments Limited, International Finance Corporation, CMC Capital Partners, Gongqingcheng Genesis Investment Management Co., Ltd.
Shanghai Zhangmen Education Technology Co., Ltd. announced that it has received $400,000,000 in its pre-IPO round of funding on October 2, 2020. The transaction included participation from new investor, SoftBank Vision Fund L.P., a fund managed by SoftBank Investment Advisers (UK) Limited, CPP Investments Limited, International Finance Corporation, existing investors CMC Capital Partners, and Genesis Capital.