SoftBank-Backed Klook Snags $210 Million in Travel Bounceback

Date:

Booking service Klook Travel Technology Ltd. raised $210 million in a funding round led by Bessemer Venture Partners, seeking to expand its footprint as travel recovers following the pandemic.

Private equity firm BPEA EQT and SMIC SG Holdings participated, the Hong Kong-based startup said in a statement on Thursday. Existing investors including HongShan — formerly Sequoia China — also took part in the Series E+ round that consists of a mix of equity financing and bank facilities, bringing the total raised by the startup to more than $900 million.

Share post:

Subscribe

Popular

More like this
Related

Federal Reserve holds interest rates steady, forecasts 1 rate cut in 2026

In addition to the Federal Reserve, several other...

Cyclists To Travel Over 500 Miles To Support West Cancer Foundation

More than 20 women will cycle more than 500...

Tech Life – Screen time ‘rewiring our brains’

Available for over a yearWe dig through the evidence...