On the evening of January 19, Dolphin Music, an online children's music education brand, announced that "due to the failure of a new round of investors to complete the delivery, resulting in a break in the company's cash flow, the founder has successively advanced more than 10 million yuan to support the operation, but in the end it failed to save the company." Forced to do so, Dolphin Music can only suspend all online classes from 00:00 on January 20, 2022. ”
Dolphin Music said that it will begin to check the class consumption data of the students, and the specific arrangement is that "the tuition fees charged by the old students and new students after January 1, 2022 will be refunded in the same way in the near future; starting from February 20, 2022, the company will start the confirmation and follow-up placement of the remaining students".
According to the data of Tianyancha, Dolphin Music is committed to creating online children's music enlightenment education products for children aged 3-14, and its curriculum is based on the world's four major music teaching methods, combined with original children's songs and world famous songs, forming a comprehensive music curriculum with vocal teaching as the carrier. In June 2020, Dolphin Music announced the completion of an angel round of financing of nearly 10 million yuan, led by the Four Seasons Education and Creative Partner Fund, and became a follow-up investment by capital Shahua. In May 2021, Dolphin Music announced that it had received tens of millions of yuan of A-round investment, led by Shunwei Capital and followed by SoundNet.