Business Daily Media

The Times


.

Best Nights VC invests in Mad Monkey alongside lead investor EXS Capital

HONG KONG SAR - Media OutReach Newswire - 4 March 2026 - Best Nights VC (BNVC) is proud to announce its investment in Mad Monkey, one of the world's leading socially responsible hostel groups, joining lead investor EXS Capital.

With locations across Southeast Asia and Australia, Mad Monkey welcomes hundreds of thousands of young travelers every year, creating unforgettable nights, lifelong friendships, and meaningful human connection on the road.

Image 1

For Best Nights VC, the venture capital investment firm of globally known spirits brand Jägermeister, this partnership is a natural strategic fit. Best Nights don't only happen at home, they happen while traveling, meeting strangers who become friends, and sharing unique experiences in unfamiliar places. Perfectly reflecting BNVC's Emerging Markets Strategy, Mad Monkey stands out as a hospitality platform that already enables more than one million bed nights for over 115,000 guests a year across seven countries, including the Philippines, Cambodia, Indonesia, Vietnam, Thailand, Laos, and Australia, creating epic social connections on the journey.

"This investment marks an exciting next chapter for Mad Monkey," said Tom Edwards, Co-Founder and Director at Mad Monkey. "With the support of EXS and Best Nights VC, we're excited to continue with our growth plan while staying true to our mission of creating meaningful, inclusive travel experiences. Their shared belief in connection, community, and responsible travel strongly reflects our own values."

"We're delighted to welcome Best Nights VC into the Mad Monkey journey," said Eric Solberg, Founder and CEO of EXS Capital. "Their deep understanding of culture-led consumer brands and their focus on meaningful social experiences make them a natural partner. Together, we see strong alignment in supporting Mad Monkey's continued expansion and its ability to create safe, high-energy environments for travelers."

"We're excited to join EXS in backing Mad Monkey," said Lorrain de Silva, Managing Director at Best Nights VC. "From empowering solo travelers to creating authentic social connection on the road, Mad Monkey represents exactly the kind of platform we believe in. We're proud to come on board and contribute to a brand that already delivers more than one million Best Nights every year."

Image 2

Mad Monkey embodies the core mission of Best Nights VC: building safe, inclusive, high-energy environments where people connect, celebrate, and discover new cultures together. This investment is anchored in three narrative pillars that define Mad Monkey's impact and long-term relevance:

Empowering the Solo Traveler

Safety at Mad Monkey is not an add-on, it is the foundation for inclusivity. Especially for first-time and solo female travelers, Mad Monkey offers a trusted and consistent standard across 24 locations in

Southeast Asia. From secure accommodation to strong on-site communities, the brand provides a reliable safety net that enables confidence, independence, and freedom of movement.

Social Tech: Connection Before Arrival

Mad Monkey bridges digital convenience with real-world connection. Through the Mad Monkey App, guests can see their future "tribe" before they arrive. Features such as pre-stay chat and real-time guest transparency allow travelers to start building community even before packing their bags, and allowing an extended user experience beyond the trip - fostering immediate social bonds, accountability, a sense of belonging from day one and lasting connections.

Community Impact

Guided by the belief that "one community shouldn't ruin it for the next," Mad Monkey sees itself as a guest in every region it operates. Its CSR initiatives are designed to support local communities and ecosystems rather than exploit them, Mad Monkey is proud to employ 77% of their staff from outside city communities ensuring that the local communities are enriched by the platform too.

Together, Mad Monkey, EXS and Best Nights VC are excited to co-create the next chapter of global backpacker culture, scaling experience-driven hospitality, expanding into new markets, and delivering more moments of joy, connection, and adventure worldwide.

More Best Nights. More global community. More meaningful travel experiences.

www.bestnights.vc
www.madmonkeyhostels.com
https://www.exs.com


Hashtag: #MadMonkey #BNVC #EXSCapital

The issuer is solely responsible for the content of this announcement.

News from Asia

CyCraft Technology Positioned as a Pace Setter in the 2026 Gartner® Emerging Market Quadrant for AI Application Security, Startup Vendors

The only vendor in the Pace Setters quadrant and the only Asia-based vendor in the report. CyCraft marks its third major international recognition of 2026TAIPEI, TAIWAN - Media OutReach Newswire -...

L’OCCITANE Introduces "Skin Longevity by Nature", Inspired by 25 Years of Immortelle Research

A new approach to anti-ageing skincare focused on resilience, nourishment and long-term skin careKUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 14 October 2026 – As skincare conversations evol...

XTransfer Launches Cross-border Payment Service in Chile

UAF registration strengthens compliance footing in Latin AmericaSANTIAGO, CHILE – Media OutReach Newswire – 14 October 2026 – XTransfer, a leading global B2B cross-border trade payment platform, ...

SMS Tan Kiat How, Rosianna Silalahi and Glenda Gloria to speak at PRISM Summit 2026

Senior Minister of State Tan Kiat How to attend as Guest-of-Honour at the 12 November summit, which will bring together leaders from across public relations, journalism, business and technologySING...

Bosideng Makes Official Paris Fashion Week Debut with 50th Anniversary Show "The Bloom"

At the historic Hôtel Pozzo di Borgo, the Chinese downwear brand reimagines winter dressing through craftsmanship and cultural exchange.PARIS, FRANCE – Media OutReach Newswire – 15 October 2026 – ...

Angel Health Releases Psychiatric Consultation Information Covering Private Clinics and Public Referral Arrangements

HONG KONG SAR – Media OutReach Newswire – 15 October 2026 – Angel Health has compiled and released reference information on psychiatric consultations, covering seven specialists providing private ...

FPG Fortune Prime Global Takes Part in Forex Expo Dubai 2026 Alongside AC Milan Activities

DUBAI, UAE - Media OutReach Newswire - 15 October 2026 - FPG Fortune Prime Global (fortuneprime.com) participated in Forex Expo Dubai 2026, held at the Dubai World Trade Centre from 22 to 23 Septe...

De Beers Group and The Government of The Republic of Botswana Extend Partnership with Olympic Champion Letsile Tebogo as Global Ambassador

Three-year partnership celebrates excellence, ambition and Botswana's remarkable development story through natural diamonds.LONDON, UK/ GABORONE, BOTSWANA – Media OutReach Newswire – 15 October 20...

Tune Protect Launches TPXtra, Bringing Customisable Protection, Greater Value, and Ancillary Services into One Digital Ecosystem

New consumer-centric platform gives customers a single digital account for protection, services and lifestyle benefits, supported by a growing ecosystem of merchant partnersKUALA LUMPUR, MALAYSIA -...

Discover Surprising Southern Taiwan: Taiwan Tourism Administration Teams Up with Airlines & Travel Platforms with Multi-Million Rewards for International Travelers

TAIPEI, TAIWAN – Media OutReach Newswire – 15 October 2026 – The Siraya National Scenic Area Administration of the Taiwan Tourism Administration (MOTC) has unveiled its latest international t...

Customer Service Is Becoming Part of the Small Business Sales and Marketing Engine

For Customer Service Week, 5-9 October, Thryv is urging small businesses to look beyond generating  enquiries and examine what happens after a custome...

Gift Cards as the gateway to agentic payments

Prepaid and stored value gives consumers the trust and control to try AI shopping agents By Blackhawk Network VP Head of ANZ Kieran Nolan For deca...

Why Data Accumulation Without Governance Undermines Sustainability Goals

In July 2026, Group 2 entities, the second cohort of Australian businesses, began their first reporting period under the mandatory climate disclosur...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...