South Korean travel startup MyRealTrip secures $36m in new funding
Summary
South Korea’s online travel platform MyRealTrip has received 43.2 billion won ($36 million) in a funding round led by existing investor Altos Ventures along with IMM Investment and Smilegate Investment, Korean Investors reported. News investors including Korea Development Bank, Singapore-based Axiom Asia Private Capital, France-based Partech Partners, and US-based Tekton Ventures also participated in the round. Since its inception in 2012, the company has raised 82.4 billion won ($68.6 million) to date, according to media reports. Smilegate Investment is the corporate venture capital arm of South Korean game developer Smilegate, the creator of Crossfire – an online first-person shooter (FPS) available in 80 countries with 650 million registered players. Last year, South Korea’s accommodations booking service provider Yanolja joined the unicorn rank after securing $200 million in its Series D funding round backed by Singapore sovereign wealth fund GIC Pte Ltd and US firm Booking Holdings.