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Korean crafts marketplace secures $16m at $240m valuation
Backpackr is the company behind handmade goods marketplace Idus. It plans to enter new markets in Southeast Asia with the new capital. The company is headquartered in South Korea.
Funding details
- Funding amount: $16,000,000
- Lead investor: Altos Ventures
- Other investors: Axiom Asia, Stone Bridge Management, Vanderbilt University
- Stage: Series C+
- Valuation: $240,100,000
- Source
More details
Backpackr Inc→
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| Stage | Amount (US$) | Investors |
| Series C+ | $16M | Stone Bridge Management, Vanderbilt University, Altos Ventures, Axiom Asia |
| Total | $16M | |
See also: These are the most active investors in Korea’s startups
Editing by Lorenzo Kyle Subido
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