EXOTICCA RAISES €11M AND CONSOLIDATES GROWTH
05/09/2019
Diego Gutiérrez
EXOTICCA RAISES €11M AND CONSOLIDATES GROWTH

Exoticca has just closed a financing round 2m, which completes the €2m capital increase carried out last April. The transaction was led by Milano Investment Partners.

Exoticca is an online platform founded in 2013 and specialising in unique and exclusive grand tours. It is a space where users can share information related to their travels, as the company's philosophy considers communication and interaction with its customers as something fundamental. In addition, exoticca, thanks to its extensive experience in the tourism sector has achieved a great bargaining power to offer the most competitive prices in the market.

Recently, the company (Exoticca) has closed a financing round of 11M€to consolidate its growth, thanks to the support of Milano Investment PartnersThe project has also benefited from the support of other investors such as K-Fund and Kibo Ventures. In the case of the latter, it is the first time that it has invested in the Catalan company, while the former was already in the capital before.

It should also be noted that, although Banco Sabadell has not participated in the round, but has participated through Venture Capital and Bstartup, becoming the second largest shareholder of Exoticca.

This latest capital injection was not the only one for the company, which last April closed another €2m round, led by London venture capital fund Harbert European Growth CapitalThe firm used these resources to continue its international expansion. In addition, in June 2018 it raised a further €3.5m.

The company's goal is to reach €50m in revenue by 2019, and to continue internationalisation in Latin America, Australia and Canada, in addition to its existing markets: Spain, the UK, France, the US and Germany.

OTHER ROUNDS OF IMPORTANCE EXOTICCA SECTOR

RENTALS UNITED

Rentals United in a Start Up based in Barcelona and dedicated to the development of software for the management of holiday properties. which has just raised €3.8M with the support of Stella EOC Capital and the fund Howzat PartnersThe company has a strong presence in the market, in addition to other investors already present in the firm.

Founded in 2015the company has offices in Barcelona, Stockholm and Warsawand has a base of more than 2,000 managers from properties.

The funds raised in this round will enable it to continue to advance the development of the technological productas well as investing in equipment and expand the international expansion.

NAUTAL

Nautal is a boat rental platformwhich has already closed its third round of financing. An injection of €2.2m to open new markets and consolidate its business in Europe, the United States and the Caribbean, where it already had a presence.

An operation with the presence of private equity funds Enern and Market One Capital and the Decame group, as well as investors from previous rounds.

It is worth noting that the company has already entered the superyacht segment with the incorporation of the British brand Incrediblueits luxury division.

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