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Articles tagged “venture capital”

Travel Technology

Why Travel Tech Startup Heygo Closed a Year After Raising $20 Million

A consumer platform for virtual travel was probably doomed no matter what. But its founder tried, grieved the loss, and is now moving on with a pocketful of lessons and his head held high.

Why Travel Tech Startup Heygo Closed a Year After Raising $20 Million

Startups

Cabify Raises $66 Million for Spanish Rideshare Platform

The startups this week cover a wide range of industries: rideshare, hospitality buying, audio entertainment, hotel restaurant reservations, business travel planning, and travel insurtech.

Cabify Raises $66 Million for Spanish Rideshare Platform

Business Travel

Dubai’s Royal Family Backs Italy’s BizAway to Modernize Region’s Business Travel

It’s not what you know, but who you know, and by teaming up with Seed Group, which is owned by a member of Dubai's ruling family, startup travel agency BizAway will gain the right kind of introductions to grow its business in the Middle East.

Dubai’s Royal Family Backs Italy’s BizAway to Modernize Region’s Business Travel

Startups

Roami Raises $14 Million for Group Travel Vacation Rental Platform

Roami has a unique approach for acquiring short-term rentals units, and Doroni Aerospace wants to make personal aircraft that can be stored in a two-car garage.

Roami Raises $14 Million for Group Travel Vacation Rental Platform

News Blog

$160 Million European Travel Tech Fund Makes First Investment

Roch Ventures, a €150 million ($160.2 million) fund for travel tech startups in Europe and Israel, has made its first investment.  The Luxembourg-based fund made an investment in WeSki, a startup booking engine focused on the ski and snowboard industry. Roch Ventures is leading the round with participation from Waze founder Uri Levine, TravelPerk CEO…

Startups

FreshBus Raises $3.1 Million for Electric Buses Across India

The roundup this week: Four travel tech startups based in four different continents, all focused on ground transportation.

FreshBus Raises $3.1 Million for Electric Buses Across India

Startups

HotelRunner Raises $6.5 Million for Low-Cost Hospitality Software Offerings

Funding announced this week went to a wide variety of travel tech startups, with involvement in hotels, cruises, messaging, and sustainability.

HotelRunner Raises $6.5 Million for Low-Cost Hospitality Software Offerings

Travel Technology

How JetBlue, Alaska Airlines, and Amadeus Are Approaching Startup Investment in 2023

Everyone in the travel industry, especially airlines, is talking about sustainability right now. But investments are also being made in innovations that could form the industry decades from now.

How JetBlue, Alaska Airlines, and Amadeus Are Approaching Startup Investment in 2023

Travel Technology

Hotel Tech Startup Mews Manages Hefty $185 Million Raise

Raising $185 million in hotel tech at all, especially in this economic climate, is an endorsement of the product Mews has built — but more importantly shows the potential investors see in modernizing the market at this precise time.

Hotel Tech Startup Mews Manages Hefty $185 Million Raise

Startups

Lilium Raises $119 Million for Electric Taxi Jets

This startup funding list covers the gamut: fuel sustainability in plane and trains, short-terms rentals for business travelers, day access to luxury hotels, and planting trees in tourist areas.

Lilium Raises $119 Million for Electric Taxi Jets