Kakao Investment contributed to an $11.5m round led by Horizons Ventures that increased the pod accommodation provider's total funding to $15m.
Indonesia-based short-term accommodation provider Bobobox has secured $11.5m in a series A round that included Kakao Investment, a corporate venturing subsidiary of internet group Kakao, DealStreetAsia reported yesterday.
Family office Horizons Ventures led the round, which also featured Alpha JWC Ventures, Sequoia Surge and Mallorca Investments. Bobobox’s co-founders told DealStreetAsia the round boosted its overall funding to $15m.
Bobobox runs a short-term accommodation service that provides pod-sized beds which can be booked through its app at a cost of as…
