The Briefing: Klook Lands $200M, Rhino Raises $95M, And More

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Klook lands $200M for question platform

Hong Kong-based Klook, a level for question booking, announced that it raised $200 cardinal successful a Series E circular led by Aspex Management.

The fundraise follows a unsmooth respective quarters for the question assemblage amid the COVID-19 pandemic. For its part, Klook says it took steps to code the pandemic’s interaction connected concern by expanding its absorption connected digitizing the experiences booking sector, and launching caller verticals specified arsenic staycations and car rental.

The caller circular brings full backing to day for the 7-year-old institution to astir $721 million, per Crunchbase data.

Funding rounds

  • Rhino raises $95M for renter insurance: New York-based Rhino, a supplier of information deposit security that renters tin usage successful lieu of currency deposits, reportedly raised $95 cardinal successful a backing circular led by Tiger Global astatine a valuation of conscionable nether $500 million.

M&A

  • Twitter acquires Revue: Twitter has acquired Revue, a Dutch startup that helps writers and publishers found and get paid for newsletters, for an undisclosed sum.

Illustration: Dom Guzman

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