Articles tagged “funding”

The CEO of Hostaway says there's no clear market leader for short-term rental management tech, but he wants to change that.

It's among the largest fundraises ever for short-term rental management tech.

Archer Aviation has raised $660 million this year alone, while competitor Lilium is going through bankruptcy proceedings after burning through $1 billion. It takes a lot of money to get new planes into the sky.

KKday’s latest funding is more than just a financial boost — it is a testament to the growing power of the experiences sector, which is transforming how travelers engage with and enjoy destinations.

The nearly $1 billion in fundraises in November has been driven by startups for hotel tech and flying taxis.

Multiple travel tech startups have raised large sums of capital this year. At $370 million, Lighthouse's fundraise has been the largest by far.

Our data showed a 30% annual increase in venture capital funding into travel companies focused on AI in 2023.

Waymo wants road trippers to take driverless cars across the U.S. It's already operating a ride-hailing service, and it has tech and money from Google, so chances are good.

The fresh funding comes shortly after Uber announced a black-car service for business travelers.

There are several startups worldwide developing flyings taxis, but it's a capital-intensive venture. Lilium isn't the first to face empty coffers.