​Ponddy Education Raises $6M to Develop AI-Based Language Learning Platform

Financing

​Ponddy Education Raises $6M to Develop AI-Based Language Learning Platform

Mar 9, 2018

PONDDY EDUCATION, a San Jose-based startup that makes “personalized language learning” technology, today announced it has raised $6 million in a Series A round led by Chenco Holding Company. Osnaburge Ventures LLC and MIC Ponddy AR Fund LP also invested in the round.

According to a media release, the company will use the funds to develop its tool and initially offer Chinese language lessons. Founded in 2015, Ponddy Education claims to use artificial intelligence to deliver learning material via “interactive learning modules.”

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