Japan's Matsuri Raises $16 Million for Short-Term Rentals: Travel Startup Funding This Week
Photo Caption: An image of a short-term rental stay bookable via the StayX platform run by Japanese startup Matsuri Technologies. Source: Matsuri Technologies.
Skift Take
This week's set of freshly funded travel startups hail from Japan, Denmark, India, Iceland, and elsewhere.
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 jd@skift.com if you have funding news.This week, travel startups announced more than $40 million in funding.
>>Matsuri Technologies, a startup that converts vacant accommodation into short-term rental stays, has raised about $16 million (2 billion yen) in a Series C round of funding.
Investors include DG Incubation, JIC Venture Growth Investments, six major real estate companies, among others.
Matsuri's StayX platform aims to efficiently manage properties so that guests can check in and check out with just a smartphone. Stays typically range from one night to one month.
There's a corporate serviced apartment brand, too, called StayMe, and an island resort brand called S-Villa.
>>Minut, a company that provides monitoring technology to help hosts and property managers care for short-term rentals and vacation home guests, closed a $14 million Series B round.
Almaz Capital led the round. Other investors joined, including Zenith, Kompas, Verve Ventures, Swiss Immo Lab, Karma, SOSV’s HAX, and KPN Ventures.
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