Latest news

Interview with the Founder and CEO of 1:1 online tutoring platform Mildang PT – “Offline-based institutions are the biggest competition for EdTech companies… Leveraging learning management systems, we’re pioneering a transformative online study platform. Through Mildang PT, quality education transcends economic barriers, becoming accessible to all… IHFB is planning to venturing into B2G with a content expansion.”

EdTech startup I Hate Flying Bugs Inc. is the only company in Korea generating meaningful revenue with its online based 1:1 study platform. Founder and CEO Chanyong Park commented, “We will promote the digital transformation of the education market, enabling all students to enjoy high-quality educational content without regional or class distinctions.”

EdTech company, I Hate Flying Bugs Inc., has attracted a 30 billion won Series C investment. According to IHFB, the Series C investment round concluded with KRW 30 billion won last month in March 2022, bringing the total amount of accumulated investment to KRW 43.5 billion won.

AI tech is rapidly being integrated into various industries, and one of the most noticeable areas is education. Recently, education startups have utilized AI to provide personalized services such as recommendation, management, and matching for learners, turning the environmental constraints of non-face-to-face and remote learning into new opportunities.