RVShare Raises $100 Million for Recreational Vehicle Rentals: Travel Startup Funding This Week

This week, travel startups announced about $125 million in funding. >>RVshare, a rental marketplace for recreational vehicles, said it had raised more than $100 million in a fundraising round. KKR led the round. RVshare, based in Akron, Ohio, has processed rentals of luxury motorhomes, campervans, and travel trailers. Guests have booked more than two million days' worth of travel through the service since its founding in 2013. "RVs are the preferred accommodation for the more than 40 million U.S. households that go camping each year," said Ben Pederson, a principal with KKR's technology growth team. "Younger generations of travelers are discovering and embracing domestic travel." For more context, see our earlier story about how RVs have been a rare winner during coronavirus. >>Limehome, which offers urban apartments with hotel-style amenities in 45 locations in Germany and Austria, has raised about $11.8 million (€10 million) in an extension to its Series A round. Existing investors HV Holtzbrinck Ventures, Lakestar, and Picus Capital increased their capital investments. This financing the round's total to about $36 million (€31 million). The Munich-based hospitality