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

Hong Kong-based Klook, a platform for travel booking, announced that it raised $200 million in a Series E round led by Aspex Management. For its part, Klook says it took steps to address the pandemic’s impact on business by increasing its focus on digitizing the experiences booking sector, and launching new verticals such as staycations and car rental. Insurtech startup Sidecar Health raised $125 million in a Series C funding round, giving the company a new valuation of $1 billion. Albert, a fintech company focused on improving financial wellness, closed on a $100 million Series C led by General Atlantic. Also participating in the round was CapitalG, Portag3 and QED, which brings the company’s total funding to $173 million since 2016, according to Crunchbase data.