SenseLuxury, a China-based luxury holiday home rental platform backed by telecoms firm ZTE, closed a series B round of undisclosed size yesterday with the full sum provided by private equity fund GoHigh Fund.
SenseLuxury allows users in China to rent luxury villas and flats abroad. The service currently lists approximately 2,000 handpicked villas in 150 locations around the world.
The company previously raised an undisclosed amount in series A capital in November 2015. The series A round was led by quantitative trading firm Susquehanna International Group and also featured China Rock.
ZTEVC, the corporate venturing subsidiary of ZTE, earlier provided an undisclosed sum for a pre-series A round.
James Bian, founder of SenseLuxury, said: “SenseLuxury plans to continue its focus on customer experience by expanding overseas accommodation choices and improving the online booking experience. It also aims to strengthen branding and marketing.”