Klook bags US$210m funding 

Bessemer Venture Partners led the equity funding round.

Travel and experiences platform Klook closed its equity round with US$210m funding.

Bessemer Venture Partners led Klook’s equity round with participation from BPEA EQT, Atinum Investment, Golden Vision Capital, Krungsri Finnovate under Bank of Ayudhya, Kasikornbank Financial Conglomerate and SMIC SG Holdings. 

The round also included bank facilities from Citi, J.P. Morgan, and HSBC.

Klook said it will allocate the funds it raised to three  areas of growth: product Innovation, scaling of social and digital marketing, and advancing innovation through continuous AI integration.

Meanwhile, the company said it will also collaborate with the new strategic investors in the region to increase market share and boost growth in Southeast Asia.