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Klook, a Hong Kong-based travel activities and services company, announced Tuesday it received $225 million in Series D+ funding from the Softbank Vision Fund. This brings its total Series D funding round to $425 million.
The funding will enable Klook to expand operations in other territories, such as the U.S., Australia, and Europe, while also increasing its presence in Asia. Travelers using Klook can access more than 100,000 offerings in more than 270 destinations.
“This latest investment is a true testament to the progress made by the Klook team in building the world’s Number 1 Super App for all in-destination needs”, Eric Gnock Fah, COO and co-founder of Klook, said in a press release.
Japan-based SoftBank Group led the funding round with its investment from the company's Vision Fund. Klook looks to ramp up operations in Japan prior to the 2020 Summer Olympics in Tokyo.
“We believe Klook is a leader in taking a mobile-first approach to the travel activities and services industry,” said Lydia Jett, partner at SoftBank Vision Fund. “The company has seen great success in scaling its business across different geographies and cultures, and we are excited to help them drive further innovation in the global travel industry.”
Other participants in the funding include Sequoia China, Matrix Partners, TCV, and OurCrowd.
Since its founding in 2014, Klook has raised more than $520 million in capital.
Oscar Gonzalez is a business reporter based in Brooklyn. He has written for CBS, NBC and Wired.