Investments

News / Startups

Uber invests in Nigeria-founded mobility startup Moove

By Mitra Sorrells | March 19, 2024

Founded in 2020, Moove said it has helped finance vehicles for more than 20,000 customers across Africa, the Middle East, India and the United Kingdom who have provided more than 30 million trips... Read More

News / Startups

InDrive secures additional $150M from General Catalyst to accelerate growth

By Mitra Sorrells | March 18, 2024

Ride-hailing company inDrive operates in 46 countries and uses a bid-based business model whereby riders input pickup and drop-off locations and propose a price and drivers can either accept or... Read More

News / Startups

Funding for STR startups cooling but more resilient than other verticals

By Phocuswright Research | March 18, 2024

While there are typically multiple $100 million-dollar-plus funding rounds that occur in the short-term rental space in a given year, 2023 only featured one. Read More

News / Startups

Voi raises $25M to scale e-scooter and e-bike fleet

By Morgan Hines | March 14, 2024

As the world of micro-mobility sees consolidation, Voi has raised an additional $25 million in funding. Read More

News / Online

Mews raises $110M at $1.2B valuation

By Mitra Sorrells | March 4, 2024

Mews said it crossed $100 million in annualized net revenue in the last year. It will use the funding to accelerate its global expansion, product growth and acquisition strategy. Read More

News / Technology

15below gets investment from LDC to accelerate growth

By Mitra Sorrells | March 1, 2024

Founded in 2000, 15below currently works with more than 60 airlines, rail operators, travel agencies and TMCs and partners with Amadeus and Navitaire. Read More

News / Distribution

Mobility specialist CMAC Group acquired by ComfortDelGro for £80M

By Linda Fox | February 13, 2024

United Kingdom-based CMAC manages journeys for almost 3 million travelers through partnerships with airlines, train operators and corporations. It also offers private and ride-share transfer at... Read More

News / Startups

Travel startup Nicer raises $2M to bring AI to travel advisors

By Mitra Sorrells | February 8, 2024

The startup launched last year and has several prominent advisors, including Microsoft's Shane O'Flaherty and Brook Bay Capital founder Gilad Berenstein. Read More

News / Online

Project 3 Mobility raises €100M

By Morgan Hines | February 8, 2024

Autonomous mobility as a service platform Project 3 Mobility closes its Series A round as it works on urban mobility systems. Read More

From Our Partners / Online

ITB Berlin: A strong focus on travel technology

By ITB Berlin | February 7, 2024

More than 30 international providers are presenting their forward-looking products and ideas in a total of five halls at the world’s leading travel trade show. Read More

News / Startups

Heart Aerospace lands $107M for hybrid-electric airplane

By Linda Fox | February 2, 2024

The company plans to put the investment toward further development of the business as well as progressing certification of its ES-30 hybrid-electric aircraft. Read More

News / Startups

Travel tech fund targets €50M to invest in European startups

By Linda Fox | February 1, 2024

TravelTech.vc has launched its second fund and is eyeing growth stage startups in Europe that help improve the customer experience, immature technologies addressing new challenges and businesses that... Read More

News / Startups

Joyned receives $8M in funding

By Morgan Hines | January 31, 2024

Joyned enables online travel agencies, hotels and other booking sites to offer group travel planning and booking on their websites, to create a seamless and collaborative booking process. Read More

News / Technology

Japan-based hotel tech company Tripla targets SE Asia growth with latest acquisition

By Mitra Sorrells | January 24, 2024

Tripla has acquired Singapore-based Endurance Technology Solutions, which develops and sells the Pelican Hotel Solution - a reservation system that works with major overseas channel managers. Read More