Sleeping pod, outdoor cabin start-up Bobobox, backed by Li Ka-shing, eyes capsule hotel business in Japan, glamping venture in US
- Bobobox wants to deploy its sleeping pods and cabins in two of the world’s most developed lodging markets, says co-founder Antonius Bong
- The company, founded in 2018, is backed by Horizon Ventures, the private investment firm of Hong Kong’s best-known tycoon
The start-up, backed by Hong Kong-based Horizon Ventures, was founded in 2018 to provide accommodation to the budget segment and the solo female traveller category, Bong said. The business started with initial capital of 5 billion rupiah (US$320,280).
The Bobopod offers solo travellers accommodation akin to Japan’s famous capsule rooms. In particular it aims to serve the niche market of single female travellers looking for budget accommodation without sacrificing safety, convenience and hygiene.
“Our products are not just for the Indonesian market,” Bong said. “We see how the solutions can be replicated in many different parts of the world and so we are looking into international expansion as well and trying to attract international investors trying to expand to different regions and to see where the next footprint of Bobobox will be.”