Klook, the Hong Kong-based travel activities platform backed by SoftBank Vision Fund, announced the closure of $200 million in funding for its Series E round, lifting the startup’s total capital raised to date to $720 million. Aspex Management, an investment fund focused on Asia Pacific led the round, alongside existing backers Sequoia Capital China, Softbank Vision Fund 1, Matrix Partners China, Boyu Capital, as well as a handful of new investors. Securing sizable funding at a time the COVID-19 pandemic sacks the global economy is congratulatory, not to mention Klook is in an industry severely hit by the virus.

 

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