Klook raises $30 million in funding

Asia-based tours and activities startup Klook has attracted $30 milion in Series B funding.

The round is led by Sequoia Capital China with existing investor Matrix Partners which led the startup’s Series A of $5 million.

Welight Capital (backed by former Tencent execs) also participated in this latest round.

A statement says the funds will further Klook’s expansion.

The company says its platform now offers more than 10,000 tours and attractions in more than 80 popular destinations in Asia and beyond. It now has  a team of some 200 employees across eight offices Asia.

The company was founded in late 2014, startup pitch here,  and received seed funding of $1.5 million in early 2015.

As well as expanding to offer more in-destination services, the company has also recently launched local transfer and wifi services.

Klook is also building a collection of travel videos in the industry in traditional format as well as 360 and virtual reality.

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About the Writer :: Linda Fox

Linda worked at tnooz from September 2011 to June 2018 in roles including senior reporter, deputy editor and managing editor.



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