1. Startups

Bobobox Reportedly Raising Series B Funding of IDR 128 Billion, One of Which is from Kakao Investments [UPDATED]

Emtek also joined as an investor in Bobobox

Technology-based accommodation startup Bobobox is reported to have raised a series B funding round. This round is valued at $8,3 million (more than IDR 128 billion).

Based on information gathered from VentureCap, a number of investors participated in the round, including Kakao Investments, Best Trade Developments Limited, Bravo Castle Limited, Emtek, and its previous investor, Alpha JWC Ventures.

Bobobox is the third startup from Indonesia to join the Kakao portfolio, after Kopi Kenangan and GoWork.

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