Investments

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 / 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

HyperGuest raises $23M to enhance hospitality tech platform

By Derek Catron | July 7, 2023

HyperGuest's platform enables hotels and suppliers to directly connect with travel distributors, including online travel agencies, agents groups, tour operators, travel management companies, bedbanks... 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 / 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

News / Startups

Top investors in travel tech 2023

By Linda Fox & Mitra Sorrells | June 12, 2023

This new annual feature is based on data from Phocuswright to identify travel tech investors that have participated in at least four non-debt funding rounds or at least three rounds of at least $10... Read More

News / Startups

Amadeus takes stake in SAF innovator Caphenia

By Linda Fox | June 12, 2023

The Germany-based company is working to produce synthesis gas, the combination of CO2 and water, used to make sustainable aviation fuel (SAF). Read More

News / Startups

Presenting the top investors in travel tech 2023

By Linda Fox & Mitra Sorrells | June 12, 2023

News / Startups

Hotelbeds, Wayra announce 1st startups for TravelTech Lab

By Derek Catron | June 8, 2023

Four startups were singled out for their potential in providing disruptive solutions to connect B2B global travel ecosystem stakeholders to create a frictionless travel experience. Read More

News / Startups

Frontdesk acquires short-term rental operator Zencity

By Derek Catron | June 6, 2023

The purchase is part of a plan to expand Frontdesk’s inventory of furnished apartments maintained to hotel standards that can be rented for nights, weeks or months at a time. Read More

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