Articles tagged “funding”

Volocopter Raises $55 Million for Flying Taxis: Travel Startup Funding This Week

Volocopter Raises $55 Million for Flying Taxis: Travel Startup Funding This Week

Sean O'Neill, Skift

This week, travel startups Volocopter, Atlas Obscura, KKDay, AmazingCo, Living Map, Sojourn, and Davinci Travel Systems announced more than $93 million in funding. The venture capital sector clearly isn't spooked by talk of recession in some markets.

4 days ago

Hotel Engine Raises $16 Million for Business Travel Booking: Travel Startup Funding This Week

Hotel Engine Raises $16 Million for Business Travel Booking: Travel Startup Funding This Week

Sean O'Neill, Skift

The funding of business travel management startup Hotel Engine underscores how there's a lot of money and energy pouring into the sector.

2 weeks ago

Smartair Raises $6 Million for Dynamic Packaging Tech: Travel Startup Funding This Week

Smartair Raises $6 Million for Dynamic Packaging Tech: Travel Startup Funding This Week

Sean O'Neill, Skift

This week travel startups announced more than $46 million in funding. Of note, two of the companies, Smartair and Tastemakers, are making bets on Africa's online travel growth. Meanwhile, online travel company Hostelworld has invested in Tipi, a software provider for hostel managers.

3 weeks ago

Mews Raises $33 Million to Challenge Oracle Hospitality in Hotel Tech

Mews Raises $33 Million to Challenge Oracle Hospitality in Hotel Tech

Sean O'Neill, Skift

Game on, Oracle. But like everything in the hotel sector, the battle between next-generation hotel tech players and established titans will take years to play out.

3 weeks ago

Zhiketong Raises $42.5 Million for Hotel Marketing on WeChat: Travel Startup Funding This Week

Zhiketong Raises $42.5 Million for Hotel Marketing on WeChat: Travel Startup Funding This Week

Sean O'Neill, Skift

Zhiketong stands out for receiving investment from top-tier investors and travel companies. The company helps hotels and other firms market their services to travelers via WeChat, a messaging service and payment platform. Hotels like WeChat because it charges lower commissions than online travel agencies like Ctrip.

4 weeks ago

AirPortr Raises $8.6 Million for Luggage Delivery: Travel Startup Funding This Week

AirPortr Raises $8.6 Million for Luggage Delivery: Travel Startup Funding This Week

Sean O'Neill, Skift

Investors have bet on some innovative business models. AirPortr has hand-delivered about 100,000 bags from homes to airports, lifting a worry off the hands of Londoners as they pass through airport security. PaulCamper is an Airbnb for RVs. Meanwhile, SpaceBox converts spare hotel rooms into video game halls and other social zones for college students.

1 month ago

Fever Raised $35 Million for Event Tech: Travel Startup Funding This Week

Fever Raised $35 Million for Event Tech: Travel Startup Funding This Week

Sean O'Neill, Skift

This week travel startups announced more than $40 million in funding. Notably two of the companies, travel medical insurance seller SafetyWing and upselling tech firm HotelFlex, are graduates of the famed Y Combinator startup accelerator.

1 month ago

Socio Raises $6 Million for Event Management: Travel Startup Funding This Week

Socio Raises $6 Million for Event Management: Travel Startup Funding This Week

Sean O'Neill, Skift

This week travel startups announced approximately $95 million in funding. One standout was Socio, a company that offers software for managing events. Its funding highlights a broader trend of investment in the event tech sector.

2 months ago

FlixMobility Raises $561 Million for Intercity Travel: Travel Startup Funding This Week

FlixMobility Raises $561 Million for Intercity Travel: Travel Startup Funding This Week

Sean O'Neill, Skift

This week a handful of companies announced more than $650 million in funding. Business models include intercity bus and train travel, Oyo-style franchising in China, and the mobile ordering of duty-free goods on airplanes.

2 months ago

EasyParcel Raises $10 Million for Delivery: Travel Startup Funding This Week

EasyParcel Raises $10 Million for Delivery: Travel Startup Funding This Week

Sean O'Neill, Skift

In the past seven days, travel startups announced more than $216 million in funding. But the hot market deserves a warning that paraphrases Fleetwood Mac: Investors only love you when they're investing. Funding will come and it will go. When the rain washes you clean you'll know. You'll know.

2 months ago

StayPlease Raises Funds to Expand ‘Slack for Hotels’: Travel Startup Funding This Week

StayPlease Raises Funds to Expand ‘Slack for Hotels’: Travel Startup Funding This Week

Rosie Spinks, Skift

This week’s travel startups, including Sonder, StayPlease, and Bolt, released a series of funding announcements, many of them for undisclosed amounts.

2 months ago

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

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

Patrick Whyte and Rosie Spinks, Skift

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.

2 months ago