Finance

News / Online

Corporate travel platform secures €10M for expansion

By Derek Catron | July 24, 2023

The investment, led by illimity, allows Italy-based BizAway to finalize new acquisitions and invest in new research and development. Read More

News / Startups

Lilium avoids delisting with $192M injection

By Linda Fox | July 18, 2023

EVTOL company Lilium hopes to achieve its first manned flight in the second half of 2024. Read More

News / Online

Expedia Group lays off staff in U.S. and abroad

By Mitra Sorrells | July 17, 2023

Beginning last Wednesday there are multiple posts on social media from people who say they were Expedia Group employees and have been laid off, and the company has confirmed the layoffs but would not... Read More

News / Startups

Boddy gets $2.2M to connect travelers with wellness activities

By Mitra Sorrells | July 13, 2023

Boddy operates a consumer-facing website and partners with hotels, airlines and online travel agencies to enable travelers to book wellness experiences in cities around the world. Read More

News / Online

Culture Trip considers sale, funding options following management buyout

By Mitra Sorrells | July 12, 2023

Culture Trip has struggled to find its way and is now considering a sale after raising more than £130 million from investors. Read More

News / Startups

Travel investors on trip planning and using B2C as a sandbox

By Linda Fox | July 12, 2023

Rod Cuthbert, travel industry veteran best known for founding Viator, joins Bobby Demri, founder and managing director of Roch Ventures, to talk travel investment trends in the PhocusWire Studio at... Read More

News / Startups

Startup for reselling non-refundable tickets raises $3M

By Derek Catron | July 12, 2023

Fairlyne, a PhocusWire Hot 25 Travel Startup for 2023, offers the technology to allow travel companies to add resales to their distribution. Read More

News / Startups

With acquisition, South Korea’s ONDA can manage all types of properties

By Derek Catron | July 10, 2023

The company’s moves included forming a subsidiary, OATech, after acquiring the hotel property management system business unit of Oasis Story, a Korean-based B2B solutions provider. Read More

News / Startups

Topkey lands $5.1M for vacation rental financial operation platform

By Linda Fox | July 5, 2023

TopKey aims to offer an expense management, billing and payment platform initially focused on vacation rental property managers. Read More

News / Technology

Utu to accelerate growth through $33M funding and acquisition deal

By Linda Fox | June 27, 2023

Utu already counts Accor, Air France-KLM, Emirates and Etihad among its partners for its tax-free shopping solution. Read More

News / Startups

Travel startups on choosing investors, funding experiences

By Linda Fox & Mitra Sorrells | June 22, 2023

Following our recent piece on top investors in travel tech, PhocusWire collected insights from startups on what they look for in investors. Read More

News / Startups

HiJiffy lands €3.8M investment, looks to expand chatbot service

By Linda Fox | June 21, 2023

The investment in the company was led by Caixa Capital with Lince Capital and existing investor Portugal Ventures also participating. Read More

News / Startups

Beyonk adds $5.8M to fuel growth of experiences tech

By Linda Fox | June 16, 2023

The investment in the London-based business comes from Fuel Ventures and will go towards growth in international markets and product innovation. Read More

News / Online

Direct Ferries brings new investor on board

June 14, 2023

ICG, Livingbridge, the founding Davies family and management all contributed to the undisclosed round. Read More

News / Online

Investors see signs of “turning curve” for travel funding

By Derek Catron | June 14, 2023

On the second day of the 2023 Phocuswright Europe conference in Barcelona, a panel of top investors saw reason for optimism, despite a tough economy. Read More

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