Bobobox raises US$11.5M funding when many of its peers in the hospitality sector are on the brink

Indonesia-based accommodation startup Bobobox has secured US$11.5 million in Series A funding round of funding, led by Horizons Ventures and Alpha JWC Ventures. Kakao Investments, Sequoia Surge, and Mallorca Investments also joined the round. The Bandung-headquartered startup will use the money to accelerate its product improvement and location expansion. It wants to enhance ‘Pods’ features […] The post Bobobox raises US$11.5M funding when many of its peers in the hospitality sector are on the brink appeared first on e27.