Bob W Raises $11 Million for Apartment Hotels: Travel Startup Funding This Week

This week, travel startups announced more than $45 million in funding. >>DidaTravel, a tech-savvy hotel wholesaler, said it had raised "hundreds of millions of yuan", or at least $30 million, in a Series B round of investment. Alibaba led the round, ChinaTravelNews reported. Past investors Shenzhen Capital Group and Guolong Venture Capital, also took part. The startup previously announced raising about $7 million, according to Pitchbook. Founded in 2012, the company says it has 30,000 hotels under "competitive direct contracts." It plans to remain independent despite Alibaba's investment stake, according to a press release. >>Bob W, which offers short-term rental apartments with hotel-style amenities and contactless check-in, has raised about $11.8 million (€10 million) in seed funding, with private equity outfit Finnish Industry Investment (Tesi) taking part. Skift reported last June on the startup raising the first