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Travel Venture Capital News

Online Travel

Updated: Foursquare gets $41 million investment as its revenues continue to disappoint

Foursquare has been morphing to become more of a local discovery and recommendation engine with its latest relaunch, and despite slow growth will have enough time now with this money to extend its life for a while to come.

Online Travel

Google brings in investor heavyweights to fund Glass startups ecosystem

Travel information is a big part of Google Glass' use case, and would be fascinating to see the travel-related startups that will come out of the ecosystem. We'll be tracking all of them here, stay tuned.

Google brings in investor heavyweights to fund Glass startups ecosystem

Online Travel

The five angel investors who rule the world of travel startups

Ask anyone who the most successful investor in travel is, and they'll talk about Joel Cutler of General Catalyst Partners. But, when it comes to individual investors, this gang of five has a lot of experience and is pretty good. None are infallible, of course, but this is where a lot of the smart money is.

The five angel investors who rule the world of travel startups

Airlines

Milepoint launches funding competition for frequent flyer startups

It's great to see a startup competition in travel where contestants don't have to shell out thousands of dollars to appear.

Online Travel

Zozi gets in gear with $10 million in financing for new tours and activities model

Zozi is more Gilt Groupe than Viator, and it will be interesting to see if its gear-first, tours-and-activities-second model will work.

Zozi gets in gear with $10 million in financing for new tours and activities model

Hotels

Russian booking site Ostrovok gets $25 million funding in Russian-American pact

With only about 8% of hotel bookings in Russia taking place online, Ostrovok and its peers have epic room for growth.

Russian booking site Ostrovok gets $25 million funding in Russian-American pact

Online Travel

Babbel’s $10 million in funding translates into more mobile platforms

Online Travel

Tours & activities startup SideTour raises $2.5 million new funding

This is a tough sector to raise funding in, so kudos on that, and long term, SideTour's corporate/B2B business will likely be the driver of the company's revenues and future.

Online Travel

Updated: City of Paris launches a tourism startup incubator

Hopefully the startups will focus on making Paris more useful and easy for travelers and locals -- similar to what NYC does with its NYC BigApps competition -- rather than fluffy social startups that come and go in this industry.

Airlines

PointsHound closes seed round as it offers airline miles for hotel stays

We love the idea of earning airline miles and occasionally hotel points for hotel stays. Is it a sustainable business, and can PointsHound attract the eyeballs to see it all through? These questions loom.