Bob W Raises $11 Million for Apartment Hotels: Travel Startup Funding This Week
Photo Credit: Shown here is an apartment hotel in Tallinn, Estonia, that's run by lodging startup Bob W. The unit is located in Telliskivi, which is in a former industrial complex that's been turned into a district for creatives. Bob W
Skift Take
Let's be real. How could you not be curious about an apartment hotel that's branded Bob W? Plus, other travel startup funding news.
Travel Startup Funding This Week
Each week we round up travel startups that have recently received or announced funding. Please email Travel Tech Reporter Justin Dawes at [email protected] if you have funding news.
This week, travel startups announced more than $45 million in funding.
>>DidaTravel, a tech-savvy hotel wholesaler, said it had raised "hundreds of millions of yuan", or at least $30 million, in a Series B round of investment.
Alibaba led the round, ChinaTravelNews reported.
Past investors Shenzhen Capital Group and Guolong Venture Capital, also took part. The startup previously announced raising about $7 million, according to Pitchbook.
Founded in 2012, the company says it has 30,000 hotels under "competitive direct contracts." It plans to remain independent despite Alibaba's investment stake, according to a press release.
>>Bob W, which offers short-term rental apartments with hotel-style amenities and contactless check-in, has raised about $11.8 million (€10 million) in seed funding, with private equity outfit Finnish Industry Investment (Tesi) taking part.
Skift reported last June on the startup raising the first
