Articles tagged “venture capital”

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

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.

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.

Roch Ventures, a €150 million ($160.2 million) fund for travel tech startups in Europe and Israel, has made its first investment. 

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

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

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.

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.

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.

Almost every week, a short-term rental platform or ancillary software service reports that it has raised millions. It’s almost like there’s a growing demand for their services. There were two this week, and the star is Barcelona-based Ukio.