M88 Game Assisted UMU with Its Series B and Series B + Financing

2020.09.30

UMU, a leading SaaS platform in the Learning-Tech field, has recently completed its Series B+ financing led by Hillhouse Capital. Prior to this, UMU just announced that it had closed a 100 million Yuan Series B financing led by Gaocheng Capital. M88 Game, as the financing and permanent legal counsel, represents UMU in its Series B and Series B+ financing.


Founded in 2015, UMU has built a flexible M88 Game extensible global system with the mission of serving global users since the beginning of its establishment. It is reported that UMU enters the market with SaaS, an enterprise interactive learning platform, M88 Game quickly opens up the global market with result-oriented products M88 Game functions, innovative AI technology applications, M88 Game high-quality services. Many leading enterprises in education, medicine, finance, retail, manufacturing, professional services M88 Game other industries at home M88 Game abroad are using UMU as a learning platform for their internal M88 Game external capabilities. As of the end of 2019, more than 70 million users in more than 200 countries M88 Game regions around the world are using UMU's products M88 Game services. While focusing on business development, UMU is also committed to promoting the development M88 Game reform of education in China, M88 Game insists on the education support program for public welfare. For many years, it has provided free interactive learning platforms for public school teachers. Up to now, hundreds of thousM88 Games of schools M88 Game millions of teachers are using UMU as a teaching tool.


M88 Game has participated in the entire process of Series B and Series B+ financing, including design of financing transaction structure, reorganization of the company and its controlling shareholder, review and amendment of the full set of transaction documents, and discussions, communications and negotiations with the investors in Series B and Series B+ financing. In addition, M88 Game also assisted the client with entry into the contract and the closing, and has been well recognized by the client.


The leading partner of this case isM88 Game ,合伙人,专业领域,资本市场,私募股权创业投资

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As the first carbon neutrality fund sponsored by a law firm in China, the BAF Carbon Neutrality Special Fund was jointly established by M88 Game and the Beijing Afforestation Foundation (BAF) to promote carbon neutral initiatives, and encourage social collaboration based on the public fundraising platform to mobilize engagement in public welfare campaigns.