Investments

News / Online

Hopper raises another $175M, will add 500 employees

By Mitra Sorrells | August 17, 2021

Five months after a $170 million fundraise, Hopper is doing it again – this time $175 million in Series G financing, bringing its total raised to date to $585 million. Read More

News / Startups

From burnout to money problems - why startups fail

By Kevin May | August 17, 2021

The sad reality is that travel startups, even without a global pandemic to contend with, experience vast challenges to get them competing alongside existing and profitable companies. Read More

News / Startups

Zipp Mobility raises €1.3M for e-scooter expansion

By Linda Fox | August 17, 2021

Ireland-based Zipp Mobility holds licenses to operate e-scooters in several U.K. locations. Read More

News / Distribution

VTrips plans $250M acquisition spree following investment

By Linda Fox | August 16, 2021

The company says it will leverage funds received via a significant minority equity investment from Hudson Hill Capital to speed up its acquisition strategy. Read More

News / Startups

Airlines continue startup investment despite industry woes

By Linda Fox | August 10, 2021

Corporate appetite for travel startup investment is strong as IAG launches its sixth accelerator and JetBlue doubles down on its commitment to the model. Read More

News / Startups

Accessible travel OTA Wheel the World raises $2M

By Mitra Sorrells | August 10, 2021

Founded in 2018, Wheel the World’s site offers accommodations, things to do and trips in more than 50 destinations worldwide. Read More

News / Startups

European car-sharing platform Karshare raises £3M for expansion

By Mitra Sorrells | August 9, 2021

Karshare says its revenue has increased 45% month-to-month across Bristol, Manchester, Coventry and London since the start of this year and now it will expand to new cities in the U.K. Read More

News / Technology

Brazil’s Azul makes move into electric air taxis

By Mitra Sorrells | August 6, 2021

Azul and German startup Lilium will build an eVTOL network in Brazil, with Azul operating 220 of the electric aircraft. Read More

News / Startups

Urban short-term rental company Frontdesk raises $7M

By Mitra Sorrells | August 5, 2021

Frontdesk plans to continue its aggressive growth plan, with an aim to double its portfolio before the end of this year and turn profitable in 2022. Read More

News / Online

Ixigo acquires Abhibus, boosts presence beyond India's major cities

By Linda Fox | August 5, 2021

The purchase price for the Hyderabad-based company has not been disclosed, except to say that it’s being sold for a mixture of cash and Ixigo stock. Read More

News / Online

Russia's online travel primed as investment arrives

By Linda Fox | August 4, 2021

The country's travel industry had been experiencing strong growth in the years running up to 2020 and online travel sales were steadily growing. Read More