Investments

SoftBank leads $200M investment in serviced robotics company Keenon Robotics
News / Technology
SoftBank leads $200M investment in serviced robotics company Keenon Robotics
By Jill Menze | September 17, 2021
The Chinese company says the Series D round is the largest round of funding to-date in the service robot field. Read More
CWT wipes out debt with recapitalization deal
News / Distribution
CWT wipes out debt with recapitalization deal
By Christina Jelski - Travel Weekly | September 16, 2021
The travel management company is getting $350 million in new equity funding and is eliminating almost $900 million in debt. Read More
DeepRoute gets $300M investment to expand robotaxi strategy
News / Technology
DeepRoute gets $300M investment to expand robotaxi strategy
By Kevin May | September 15, 2021
The U.S.-based company, which was founded just over two years ago, secured the Series B round from lead investor Alibaba Group. Read More
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News / Online
Pacaso raises $125M, expands vacation home co-ownership platform to Spain
By Mitra Sorrells | September 14, 2021
Launched in October 2020, Pacaso's valuation is now $1.5 billion, and it manages nearly $200 million in real estate. Read More
SiteMinder secures $74M funding round, plots public listing
News / Distribution
SiteMinder secures $74M funding round, plots public listing
By Linda Fox | September 14, 2021
Existing shareholders AustralianSuper and equity funds managed by BlackRock, Ellerston Capital and Pendal Group have also participated. Read More
Key developments in the Russia online travel market
News / Online
Key developments in the Russia online travel market
By Phocuswright Research | September 13, 2021
Whether using online or offline distribution channels, Russians are rediscovering the tourism gems that their homeland offers, despite the pandemic restrictions. Read More
Sounding Off: Follow the smart money with investments
Interview / Startups
Sounding Off: Follow the smart money with investments
By PhocusWire | September 10, 2021
Investment dollars currently seem to be going towards technology that drives efficiencies or that might spur the next area of disruption for travel. Read More
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News / Online
Headout raises $12M in major expansion bid for activities platform
By Kevin May | September 9, 2021
The Series B round was led by Glade Brook Capital, with participation from existing backers Version One Ventures, Nexus Venture Partners, FJ Labs, 500 Startups, Haystack and Ludlow Ventures. Read More
SilverDoor parent acquires rival The Apartment Service
News / Distribution
SilverDoor parent acquires rival The Apartment Service
By Linda Fox | September 8, 2021
The acquisition is said to unite two of the largest serviced apartment agents in the world. Read More
Hospitality's recovery: Lessons for hoteliers from aviation
From Our Partners / Technology
Hospitality's recovery: Lessons for hoteliers from aviation
By Phelim Pekaar - P3 Hotel Software | September 8, 2021
As travel reopens, there are many lessons that hotels can learn from airlines about maximizing revenue, particularly around the use of technology. Read More
Tickitto secures $4.5M to launch activities marketplace
News / Startups
Tickitto secures $4.5M to launch activities marketplace
By Kevin May | September 7, 2021
Vorwerk Ventures was joined by TriplePoint in the round, with participation from early supporter SeedCamp. Read More
The next steps for travel are long and led by digital
Opinion / Technology
The next steps for travel are long and led by digital
By Koen Deryckere and Emily Weiss - Accenture | September 6, 2021
Why collaboration and investment in cloud and digital technology will make travel companies future-ready. Read More
Angel Host raises $5.2M for rental tech development
News / Startups
Angel Host raises $5.2M for rental tech development
By Linda Fox | September 6, 2021
    Investment for the startup was led by White Star Capital, with Desjardins Capital and Panache Ventures also involved. Read More
Sounding Off: Never doubt travel's resilience, unless outside forces intervene
Interview / Online
Sounding Off: Never doubt travel's resilience, unless outside forces intervene
By PhocusWire | September 3, 2021
The final four month of 2021 are likely to be some of the most stressful the sector has faced yet, as brands juggle operational issues around recovery alongside the burden of cashflow and workforce... Read More
YouTravel.Me raises $1M to expand its group travel matchmaking platform
News / Online
YouTravel.Me raises $1M to expand its group travel matchmaking platform
By Jill Menze | September 2, 2021
YouTravel.Me uses a matchmaking algorithm to connect like-minded travelers for small group adventure trips organized by travel experts. Read More