HONG KONG SAR - Media OutReach - 28 October 2021 - Big Bang Academy, a Hong Kong-based STEAM education technology start-up announced the completion of HKD 7 figures seed funding investment led by Gobi Partners, including participation from family offices and
experienced angel investors from a technology and private equity background.
Big Bang Academy was
founded by two young University of Cambridge alumni who studied Engineering and
Natural Sciences (Biological) respectively. Despite having years of working
experience in large corporations, their passion in science persists. "When I
was 6 years old, I learned to fix fuse problems in the electrical circuit of
the TV at home. It was these positive and joyful childhood memories that
inspire us to develop a life-long passion in learning. We want to recreate these
"lightbulb moments" for children to become more curious, persistent learners,"
said Sarah, the co-founder.
With a mission to make
learning as compelling as a movie, as fun as a theme park, and as educational
as a classroom, Big Bang Academy brings science to life with their
award-winning STEAM e-learning app, online live classes and theme-park like
learning experiences. To achieve the vision of building the next "Netflix for
kids", Big Bang Academy empowers every child to be self-directed learners
through hands-on experiments anytime, anywhere. Their award-winning curriculum covers
the natural sciences and engineering, with the aim to equip future leaders with
the scientific skills and knowledge to solve the most pressing issues humanity
face globally like climate change, global pandemic and energy shortage etc.
Big Bang Academy's classes
and content have reached over 4,000 students aged 3-12 years old in Hong Kong,
Singapore, and Taiwan shortly after one year of inception. They have recorded a
300% year-on-year growth in revenue and are trusted by top schools and
corporates such as Malvern College Hong Kong, K11 Musea, Consulate General of
France in Hong Kong and Jockey Club Hong Kong.
Chibo Tang, Managing
Partner of Gobi Partners said, "We're excited to be working with Big Bang
Academy as their innovative approach leads a new age of hybrid learning for
kids and provides a necessary platform for them since the pandemic changed the
way children are learning."
The company intends to use
the funds in advancing their product development, including AI-enabled personalized
learning technology, enrichment of the educational content library, and
research & development for home experiment kits.
"Especially during the
pandemic season, we have experienced a surge in demand from parents in Asia for
an effective and engaging education model which combines both online and
hands-on elements. It can not only stimulate children's curiosity, but also
provide tangible learning outcomes," said Nixon, the co-founder. Moving forward,
the company plans to partner with top international education institutes and
experts to create accredited content to further strengthen the overall learning
quality and effectiveness.