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Holidu closes €75 million Series E funding round

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Munich-based tourism software and services startup and SCE alumni team Holidu has boosted its coffers with an oversubscribed €104 million (~$102 million) Series E funding round of equity and debt, led by existing investor 83North, following a 100% year-on-year increase in 2021 revenue.

Other existing and new investors participated in the round, including Northzone, HV Capital, Vintage Investment Partners and Commonfund Capital, as well as Prime Ventures, EQT Ventures, coparion, Senovo, Lios Ventures and Possible Ventures.

The €100 million capital increase also includes a portion of the €25 million venture loan raised from Claret Capital and Silicon Valley Bank. Thus, the equity component of the Series E comprises €75 million.

Read more about the deal on Techcrunch

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