Galaxy Education Raises $10M to Expand ESL Program
Deal News | Jun 24, 2025 | East Ventures
Galaxy Education (GE), a Vietnamese edtech company, has raised nearly $10 million from East Ventures and other investors. The investment will support GE's national ESL initiative, which aligns with the Vietnamese government's directive to enhance English education. GE, which achieved profitability by 2025, employs a proprietary AI-powered platform, allowing scalable and affordable education. It operates brands like HOCMAI, ICAN, and FUNiX, serving over 8 million learners across Vietnam and beyond. East Ventures' investment highlights GE's strategic growth and resilience in Vietnam's education market.
Sectors
- Education Technology (EdTech)
- Venture Capital
Geography
- Vietnam – The central geography of the article, as Galaxy Education is a Vietnamese company and it is expanding its initiatives within the country.
- Southeast Asia – The broader region where Galaxy Education is expanding its services and where the EdTech sector is experiencing significant growth and challenges.
Industry
- Education Technology (EdTech) – This industry involves the use of technology in educational environments to enhance learning experiences. The article focuses on educational initiatives and technological platforms developed by Galaxy Education.
- Venture Capital – This involves investment firms providing funding to emerging firms or sectors. The presence of East Ventures as a leading investor in Galaxy Education showcases this industry's involvement.
Financials
- Nearly US$10 million – The funding amount raised by Galaxy Education from East Ventures and other investors.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Galaxy Education | Target company | Company | A Vietnamese edtech company that secured funding to scale its national ESL program. |
| East Ventures | Investor | Company | A venture capital firm that invested in Galaxy Education, believing in its strategic vision and market potential. |
| Roderick Purwana | Managing Partner | Person | Managing Partner at East Ventures, who expressed confidence in Galaxy Education's growth and strategic plan. |
| Mr. Lng Cng Hiu | CEO | Person | CEO of Galaxy Group, emphasizing the company's profitability and quality-first strategy. |