Articles tagged “venture capital”

Business Travel

Concur Co-Founder Is Back With Biz Travel Startup Spotnana

Second seasons often disappoint, but Steve Singh's comeback bodes well for blue-chip corporations. Singh is a business travel icon, and his ideas and energy may rev up the metabolism of travel managers, whether or not they buy into his new startup Spotnana.

Sean O'Neill | 1 month ago

Airlines

All-Star Investors Katzenberg, Thiel, and Tosi Take Stake in Travel Startup Flyr

The WestCap Group has led a $150 million round in Flyr, a startup that helps travel companies boost their revenue. "Mogul management" appears to be the new "revenue management."

Sean O'Neill | 1 month ago

Online Travel

Launching Travel Tech Briefing, for Skift Pro Subscribers Only

Making the right choices has never been more crucial coming out of this pandemic. Not far from the core of every decision will be technology. Skift is now offering travel executives weekly the critical information needed to build, buy, or partner.

Tom Lowry, Skift | 2 months ago

Online Travel

Traveloka Taps Brakes on $400 Million SPAC Deal to Go Public

Are special purpose acquisition companies losing their shine? We'll find out more in the coming months as other travel startups plan to go public.

Matthew Parsons, Skift | 2 months ago

Online Travel

Online Travel Hopper’s Metamorphosis From Flight Selling to Fintech

Travel startup Hopper has raised $175 million in additional investment, underscoring the potential of its financial services products and offering an interesting case study in new appetites in travel for fintech. It seems very much in the cards that the company will go public by, say, 2022.

Sean O'Neill, Skift | 2 months ago

Online Travel

Softbank’s $1.7 Billion Bet on Yanolja Is Largest Investment in a Travel Startup Since Pandemic Began

It's official and improbable. The South Korean startup Yanolja considers itself a triple threat to hotel tech sellers like Oracle Hospitality, online agencies like Hopper, and mid-market hospitality brands like Sonder. Can it really succeed in all three?

Sean O'Neill, Skift | 4 months ago

Online Travel

Softbank to Buy Stake in South Korean Travel Startup Yanolja

Yanolja means “Hey, let’s play” in Korean. If Softbank agrees to play, the travel startup will have the capital to go on an acquisitions spree to bolster its global reach. That way it will be more likely to have a successful public listing in the U.S. later.

Sean O'Neill, Skift | 4 months ago

Business Travel

TravelPerk’s Acquisition of a Rival Travel Agency Is Backed by This Secretive Hedge Fund

It's hard to say how far TravelPerk can go buying the UK's Click Travel, as it limits expansion to a mostly domestic market. But then its new investor has a reputation for spotting opportunities earlier than most.

Matthew Parsons, Skift | 4 months ago

Online Travel

This Berlin Venture Fund Backed Airbnb Early On: Where It’s Placing Bets Now

Lakestar has invested in European travel startups more than any other venture firm, based on total money. Does it know something that others don't?

Sean O'Neill, Skift | 4 months ago

Online Travel

United Airlines Reveals New Venture Arm Won’t Go for Quick Returns

United's heft could help its new corporate venture capital unit, which will be like a barnacle on a whale. Unlike pure-play venture capital firms, United Airlines Ventures can invest for a truly long haul thanks to its strategic focus.

Sean O'Neill, Skift | 4 months ago