Articles tagged “venture capital”

Chantal Noble Haldorsen appears to be one of the rising stars of travel tech investing. Savvy entrepreneurs will note her insights.

In a strong vote of confidence for the recovery of travel, venture capital funding for startups in our industry strongly rebounded in 2021. Travel startups raised $8.6B in 2021, up 73% from 2020 and now nearly fully recovered at 90% of 2019.

A resurgence of early-stage startups launched in 2021 points to a new wave of innovation and energy coming into the travel sector.

Hertz is now in a pole position among rental car brands in the race to adopt electric vehicles. Separately, it's notable that private equity firm Certares has begun placing venture equity bets in early-stage companies.

This week, seven travel startups collectively announced more than $75 million in funding. Names included Numa, which runs hotels and makes software for hotels, and Locomote, an Australian travel management company.

Airlines, hotels, taxi firms and travel management companies owe more than half a trillion dollars. Here's how companies can offset price surges as their suppliers look to pay off mounting debts.

Netactica is on track to become the most notable travel technology company in the business-to-business and consulting segments in Latin America.

Silicon Valley sometimes mocks travel companies for not being as nimble as tech startups. So it's refreshing to learn that JetBlue Airways was a valuable mentor to Tomorrow.io, a tech startup that is now being valued at more than $700 million.

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.

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."