Skift Take

As large Asian markets like China increasingly demonstrate the desire for adventure activities Klook has positioned itself to be at the center of this trend.

weekly_startup_fundingEach week we roundup the latest crop of travel startups that have received or announced funding that week. The total amount raised this week was $9.9 million.

Here are three companies that announced they raised funding this week, listed in order by the highest amount raised. See previous roundups here.

>Klook raised a $5 million Series A round from new investors Matrix Parters, China Growth Capital and Francis Leung Pak To bringing the Hong Kong-based startup’s total funding to $6.5 million.

Founded in 2014, Klook is a mobile app covering 21 destinations in Asia and has seen bookings grow about 10 times quarter-over-quarter since launch. The company considers itself an all-in-one travel booking platform for hotels, flights and in-destination experiences. Klook claims to have more than 500,000 users across Asia and has also formed strategic partnerships with leading brands including Asia Miles and DBS.

>>Drivr raised a $3.4 million seed round from new investor The Danish Growth Fund and several existing investors bringing the Copenhagen, Denmark-based startup’s total funding to $9.9 million.

Drivr is a cloud-based transport platform provider for taxi and private hire companies that was founded in 2010. Drivr’s fleet partners get fully automated dispatching and the system directs their drivers to busy areas based on live demand data. Passengers can also use a mobile app to request rides and corporate clients get a complete set of tools to track and manage all their transport spending. The company will use its new funding to continue growth across Scandinavia, the U.K. and Ireland and plans on opening new offices in Germany and Spain.

>HappyCar raised a $1.5 million seed round from new investor Capnamic Ventures.

HappyCar is a metasearch site for car rentals in Europe and was founded in 2013. It currently works with 250 car rental companies in six European countries and is based in Hamburg, Germany.


The Daily Newsletter

Our daily coverage of the global travel industry. Written by editors and analysts from across Skift’s brands.

Have a confidential tip for Skift? Get in touch

Tags: funding, vcroundup

Photo credit: Klook is an all-in-one travel booking platform for hotels, flights and in-destination experiences in Asia. Klook

Up Next

Loading next stories