OYO “pre-files” confidentially for long-awaited IPO
India: Softbank-backed hospitality chain OYO is said to have confidentially submitted a “pre-filing” document for its long-anticipated initial public offering [IPO].
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Investment
Cocoonr receives institutional backing in France
France: Rennes-based property management agency Cocoonr and spin-off rental management service Book&Pay, part of the SAS HOSTING DVPT group, have received institutional backing.
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Sundes raises US$500k in funding to fuel expansion plans
Chile: Santiago-based short- and mid-term rental startup, Sundes, has closed an investment round worth US$500,000.
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Cambon Partners and AJL Atelier announce official partnership
France / Switzerland: Travel boutique investment bank Cambon Partners and consulting firm AJL Atelier have formed an official partnership to offer a combined service to companies looking to buy, sell or fundraise.
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Placemakr lands $65m to fuel fresh growth
US: Placemakr, a flexible-use multifamily and hospitality operator, has raised $65 million in new funding and appointed Timothy G. Franzen, the former president of Graduate Hotels, to its C-suite.
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Operto raises US$25m in Series B financing round
Canada: Smart device automation and SaaS software, Operto Guest Technologies, has secured US$25 million in a Series B funding round.
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Airbnb and Energy Saving Trust launch £1m climate action fund
UK: Airbnb and the Energy Saving Trust Foundation have joined forces to launch a £1 million climate action fund for disadvantaged young people across the UK.
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Landfolk raises €3.8m in seed funding round
Denmark: Danish premium holiday home rental platform Landfolk has closed a seed funding round of €3.8 million [$4 million] from SEED Capital.
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Renters.pl secures €19m+ in private equity investment
Poland: Warsaw-based short-term rental operator Renters.pl has secured PLN 90 million [€19.2 million] in investment from Polish Enterprise Fund VIII [PEF VIII], a private equity fund managed by Enterprise Investors.
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Sextant Stays raises $14m and rebrands as Roami
US: Miami-based property management company Sextant Stays has closed a $14 million Series A funding round and simultaneously rebranded as Roami.
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