China Deal Monitor: HK-based TravelFlan raises $7m and more updates

TravelFlan, a Hong Kong-based AI-led startup focused on travel and lifestyle, has closed $7 million in its Series A round of financing led by SPK AI Travel Tech, an investment arm of Lazard Korea, according to a media statement. 

Construction-Radiant Tech Ventures, ITVFC, Artesian Capital, SOSV, Chinaccelerator, and existing investor Linear Capital also joined the round.  Previously, TravelFlan closed its $3-million pre-A round funding from Linear Capital, Macro Fund and Hengqin Financial Investment.

Launched in 2016, TravelFlan uses AI, big data and machine learning to provide end-to-end intelligent travel solutions.  


DealStreetAsia has also put together a table listing out all prominent venture capital transactions in the Greater China region on December 16, 2019. 

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