Abu Dhabi's Alpha Wave leads $57mln investment in tutoring platform

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Alternative asset manager Alpha Wave, which has an office in Abu Dhabi, has led a $57 million fund raise round for Cuemath, a global online math tutoring platform.

The fresh infusion will fund strengthening product-pedagogy outcomes, growth initiatives, acquisition and partnerships, Cuemath said in a statement on Wednesday.

Apart from Alpha Wave Incubation, Cuemath is backed by Lightrock , Sequoia Capital India, CapitalG (formerly Google Capital), and Manta Ray.  

 (Writing by Brinda Darasha; editing by Seban Scaria)

brinda.darasha@lseg.com