Emerging Travel Group Raises $10 Million: Travel Startup Funding This Week


CEO Felix Shpilman

Skift Take

From TripActions' quarter billion dollar investment round to Emerging Travel Group's solid $10 million round, there's lots going on in travel startup funding this week.
Series: Startups This Week

Travel Startup Funding This Week

Each week we round up travel startups that have recently received or announced funding. Please email Travel Tech Reporter Justin Dawes at jd@skift.com if you have funding news.
Travel startups announced more than $360 million in funding in the last couple weeks. Here's this latest in tech funding. Since our last roundup, Skift covered TripActions' $250 million investment, Asian tour aggregator's BeMyGuest undisclosed Series B funding, and one-app global ride-hailing solution Splyt's $8 million in Series A funding. In addition, Skift reported that Indonesia’s leading online travel agency Traveloka invested an undisclosed amount, unofficially said to be about $2.2 million ($3 million Singaporean) in PouchNATION, a Singapore-based events company whose electronic wristbands enable payments at events. Here are other companies that recently announced funding rounds. >>Huangbaoche, a tour guide and transportation platform, has raised $50 million in Series C funding. Shenzhen Capital Group led the latest round and the company has now raised $155.6 million in total. Like other tours and activities businesses, it has grown steadily over the past couple of years and claims to be in more than 90 countries and 1,800 cities. >>Bus.com, a bus-charter platform based in Montreal, raised $14.9 million ($19.6 million CAD) in Series B funding led by Autotech Ventures and Cycle Capital Management. In the age of “flying shame,” the Uber-like business model offers group travelers another greener alt