H2O Hospitality secures $30M Series C to expedite hotel digital transformation
– H2O Hospitality, a South Korea and Japan-based unmanned hotel management company, raised $30m funding.
– The round was led by Kakao Investment and Korea Development Bank, Gorilla Private Equity, Intervest and NICE Investment also participated.
– H2O Hospitality will expand its business further by adding various types of accommodations in South Korea and Japan in 2021 and 2022 and plans to enter Singapore and Indonesia in 4Q in 2022 in line with its Southeast Asia penetration strategy.
Kocomo Raised $56M in Funding
– Kocomo is a Mexico City-based proptech startup.
– The company raised US$56m in debt and equity funding.
– The round was led by AllVP and Vine Ventures with participation from Picus Capital, Fontes – QED, FJ Labs, Clocktower Technology Ventures, and JAWS (the family office of Starwood Capital Group Chairman Barry Sternlicht), Florian Hagenbuch – Founder & Co-CEO, and Mate Pencz – Founder & Co-CEO, of Loft, Oskar Hjertonsson of Cornershop, Carlos Garcia of Kavak, and Sergio Furio of Creditas.
– The company intends to use the funds to continue to expand operations and its business reach.
TurnoverBnB Raises $4.5M in Series A Funding
– TurnoverBnB, a Honolulu-based platform for Short Term Rental operators, raised $4.5M in Series A funding.
– The round was led by Ret Ventures with participation from Hawaii-based accelerator Blue Startups.
– The new investment will be used to expand the company’s reach internationally in Europe and Australia.
Transparent Raises $2.8M in Total Funding
– Transparent is a vacation rental market intelligence company based in Madrid, Spain.
– The company received an investment from JetBlue Technology Ventures (JTV).
– The company intends to use the funds to continue to expand its commercial team.
Holidu Raises £32M in Series D Funding
– Holidu is a Munich-based technology company in the holiday rental industry.
– The company secured €37m in Series D funding.
– The round was led by 83North with participation from existing investors Prime Ventures, EQT ventures, Coparion, Senovo, Kees Koolen, Lios Ventures and Chris Hitchen. Claret Capital (formerly Harbert European Growth Capital).
– The new investment will be used to further accelerate the company’s growth and expansion of its holiday rental search engine and the expansion of its holiday rental software business with Bookiply.
