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South Korean venture capital firm, BonAngels Venture Partners, announced that it is leading its first investment in Malaysia with travel tech start-up LokaLocal. In line with their vision to expand the growth of promising Southeast Asian companies, BonAngels is adding LokaLocal to its portfolio of about 140 startups in Korea, Japan, the US and Southeast Asia, including Vietnam, Thailand, Indonesia and Malaysia. CEO of BonAngels, Simon Seok-heun Kang said, “LokaLocal is a company that genuinely discovers local attractions and has the ability of forming them into tours. As the tourism industry grows, we believe content-uniqueness would be much important. LokaLocal’s whole network and learnings would truly be a huge asset.”
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