Investments

News / Startups

OYO raises $174 million in Series G funding

By Linda Fox | August 13, 2024

The company says the funding, which has come from a number of investors including OYO founder Ritesh Agarwal, will go toward growth. Read More

News / Technology

Priorities, challenges and next steps for Lufthansa Innovation Hub

By Linda Fox | August 13, 2024

Travel startups including Squake, Navit, Swifty and Uptrip have come out of the Lufthansa Innovation Hub. Now, at 10 years old, the corporate venture unit is looking at how it scales further, does more... Read More

News / Startups

Events and tickets platform Coras raises €1.3M

By D.J. Catron | August 12, 2024

The funding was led by DataOp and will also help Dublin-based Coras roll out Fida, a web loyalty platform that facilitates tokenized commerce so customers can spend their loyalty points across multiple... Read More

News / Online

Q&A: Travelport's Greg Webb talks future of NDC, IT outage, more

By Morgan Hines | August 12, 2024

At the Global Business Travel Association conference in Atlanta late last month, Greg Webb sat down with PhocusWire for a wide-ranging interview on the travel industry, Travelport and more. Read More

News / Technology

Winners, wipeouts and travel tech bets

By Linda Fox | August 6, 2024

The increased M&A activity in travel is seeing companies such as Juniper Group, Mews and Lighthouse scoop up smaller travel technology providers and startups. Read More

News / Startups

Travel insurance startup Faye raises $31M in series B funding

By Mileva Sapic | July 30, 2024

The round was led by Portage, a global investment platform, along with contributions from Lumir Ventures, F2 Venture Capital, Viola Ventures and Munich Re Ventures. Read More

News / Distribution

Short-term rentals’ efforts give new lease on life for vacated offices

By D.J. Catron | July 30, 2024

Executives from Bob W and Nestor Stay spoke at Phocuswright Europe about growth opportunities for the sector and the potential to revitalize urban areas that are losing office workers. Read More

News / Startups

Travel investors on the next innovation wave

By Linda Fox | July 29, 2024

Travel investors from Lakestar, Roch Ventures and Eight Roads discuss the latest trends in travel startup funding at Phocuswright Europe 2024. Read More

News / Online

PhocusWire's weekly travel tech news briefs: Traxo, Mews, Guestline and more

By PhocusWire | July 26, 2024

Keep up with all the latest people, product and partner news from around the global travel industry in PhocusWire's weekly roundup. Read More

News / Technology

Grazzy adds $4 million for growth of digital tipping platform

By Linda Fox | July 25, 2024

The funding for the Texas-based company will go toward recruitment as well as speeding up customer onboarding and scaling partnerships. Read More

News / Startups

HQ lands Amex Ventures investment, plans ground transportation platform enhancements

By Linda Fox | July 22, 2024

The funds will go towards enhancing HQ's mobility platform such as its fintech and payment solutions and help the company develop its "next-generation payment and expense management solutions." Read More

News / Startups

Indie Campers raises €35M to drive growth

By D.J. Catron | July 18, 2024

Based in Lisbon, Indie Campers was founded in 2013 and won the Innovator of the Year award at Phocuswright Europe 2021's Summit competition. Read More

News / Startups

Landfolk lands €10.3M to expand vacation rental marketplace

By Linda Fox | July 18, 2024

Landfolk is eyeing expansion in southern Europe following its move from its Denmark base into Germany, Norway and Sweden. Read More

News / Startups

Tracking travel startup funding and M&A activity in Q2 2024

By Linda Fox | July 18, 2024

While a handful of companies such as Guesty and Cover Genius have attracted significant later stage funding, most investments in the second quarter of 2024 have been around the pre-seed and seed stage. Read More

News / Online

Bob W plans up to 2,000 apartments through Osborne+Co joint venture

By Linda Fox | July 17, 2024

The funds will be used to acquire and repurpose hotel and office assets into short-term serviced apartments in countries including Ireland, Portugal, Spain and the United Kingdom. Read More

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