Singapore education technology startup Doyobi announced today (October 21) that it has closed a US$2.8 million pre-series A funding round led by Monk’s Hill Ventures, alongside other investors like Tresmonos Capital, Novus Paradigm Capital and XA Network.
Meanwhile, prominent angel investors include Carousell CEO Quek Siu Rui, Glints co-founders Oswald Yeo and Seah Ying Cong, and Grab Financial Group’s head, Reuben Lai.
Founded in August 2020, Doyobi empowers teachers to bring science, technology, engineering and mathematics (STEM) education and 21st-century skills to the classroom.
They hope to prepare kids to be inventors, entrepreneurs, and changemakers.
Empowered teachers mean better students
The founding team of Doyobi has a depth of experience building and scaling companies in Southeast Asia, including founder and CEO John Tan, who has invested in tech companies himself, including Ninja Van, Chope, Redmart, Glints and Tribecar.
He is also the founder of coding school Saturday Kids and Japanese-inspired fashion label Controlled Commodity, and also a partner at venture capitalist group 8capita.
Today, Doyobi is a leading provider of STEM teaching resources and teacher professional development to schools through a virtual learning environment.
Through the platform, Doyobi educators can teach STEM and 21st-century related classes in a fun and interactive way, with guided courses that integrate videos, quizzes and projects.
Since its inception, Doyobi’s Virtual Learning Environment has been used by nearly 2,000 teachers in over 10 countries. Indonesia and the Philippines are two of Doyobi’s biggest markets, with a growing number of schools in Africa adopting Doyobi.