KKday Raises Approximately $70 Million from Cool Japan Organization and Others

KKday has raised approximately $70 million in funding.

The funding was provided by the Organization for Small & Medium Enterprises and Regional Innovation, Japan (Cool Japan Organization), Taiwan’s National Development Fund, ZUU & De Capital Fund (ZUU & De Capital Target Fund for KKday Investment Limited Partnership), CDIB Capital Innovation Accelerator, and Darwin Ventures, along with credit facilities from several financial institutions.

Post-COVID, the company has seen record monthly transaction volumes in August due to the recovery of domestic and international travel demand, and a surge in tourists visiting Japan. In Japan, KKday has formed strategic partnerships with “Jalan” and “Tabelog”, enabling reservations for accommodations and restaurants on KKday.

Ming Chen, CEO of KKday, commented, “This funding round showcases investors’ confidence in KKday’s vision and our ability to offer millions of travelers new and unique experiences. We are excited to utilize this funding to accelerate our global expansion further and invest in cutting-edge technology to provide travelers with special experiences like never before.”

The raised funds will be used for corporate acquisitions in the Asia-Pacific region, as well as investments in artificial intelligence (AI) and research and development.

⇒For more information