MIP leads €5m round for Exoticca

K Fund, Bonsai Venture Capital, Pase Capital, Kibo Ventures and Sabadell Venture Capital also took part in the investment.

This round is an extension to an earlier €11m series-B investment raised by the company in July 2019. 

The company intends to use the fresh financing to further boost its expansion across Europe and the US.

Previous funding
Exoticca raised seed financing from Sabadell and Grupo Palau.

Subsequently, the company raised €3.5m in a series-A round led by K Fund in June 2018. Existing investors Sabadell and Palau also took part, along with new investors Nero Ventures, Palladium Corporate Venture and Smartech Capital.

Harbert European Growth Capital led a €2m round in April 2019.

Exoticca received €11m in a series-B round raised in July 2019. The round was led by MIP, with participation from Kibo, K-Fund, Bonsai and BStartup.

Company
Established in 2013 and based in Barcelona, Exoticca is an online travel agency that operates in Spain, France and the UK.

Its platform allows users to buy trips online in a single visit, thanks to a proprietary booking engine able to integrate different providers.

People
Exoticca – Pere Valles (CEO).

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