Investment disclosed in 2020 · Travel tech

FUNNOW Group received backing from Ascendo Genesis Fund

A March 2020 investor interview disclosed the booking platform among the fund’s investments.

FUNNOW Group received an investment from Ascendo Genesis Fund, according to a March 6, 2020 interview with the venture firm’s partners. The amount and financing stage were not disclosed.

Ascendo subsequently said its first investment in the Taiwan-based booking platform took place in January 2020. The initial investment preceded its participation in FUNNOW’s $15 million Series B in 2021.

FUNNOW provides reservations for restaurants, accommodation and leisure experiences. Its instant-booking service connects consumers with local merchants across Asian cities.

Funding history

Investment disclosed in 2020 · This roundUndisclosed
Series A+UndisclosedSeries A$5MPre-Series A$1.5M

Sources

  1. Ascendo partners disclose cross-border portfolio including FunNowthebell.co.kr · Mar 6, 2020
  2. Ascendo initial2020 investment retrospectiveascendovc.com · Jan 25, 2022
  3. myfunnow.com