Hmlet houses $40m in series B round

Jul 24, 2019 • Jack Hammond

Reinventure and Mitsubishi Estate took part in a Burda Principal Investments-led round that will enable Hmlet to open additional co-living spaces in Australasia.

Singapore-based shared living space operator Hmlet received $40m yesterday in a series B round led by Burda Principal Investments, the corporate venturing arm of media group Hubert Burda.

Real estate developer Mitsubishi Estate and Reinventure, the venture capital fund backed by financial services firm Westpac, also took part in the round, as did VC firm Sequoia India and several unnamed angel investors.

Founded in 2016, Hmlet operates co-living spaces in Singapore, Hong Kong and Australia that offer facilities such as…

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