Investments

Rad Power Bikes raises $150M to grow e-bike business
News / Technology
Rad Power Bikes raises $150M to grow e-bike business
By Jill Menze | February 4, 2021
The Seattle-based direct-to-consumer brand will use the funds to scale its retail and service offerings. Read More
Uber acquires alcohol delivery service Drizly in $1.1B deal
News / Online
Uber acquires alcohol delivery service Drizly in $1.1B deal
By Jill Menze | February 2, 2021
As part of the deal, Drizly will become a wholly owned subsidiary of Uber, and its marketplace will be integrated with the Uber Eats app. Read More
Grab boosts liquidity with $2B loan facility
News / Online
Grab boosts liquidity with $2B loan facility
By Linda Fox | February 1, 2021
Grab says the five-year term loan enables it to boost liquidity and mix up its funding sources. Read More
Bbot adds $4M to seed round for hospitality ordering tech
News / Startups
Bbot adds $4M to seed round for hospitality ordering tech
By Linda Fox | January 27, 2021
Bbot will put the funds towards product development including the release of an API. Read More
How does travel heal itself?
Opinion / Technology
How does travel heal itself?
By Raj Singh - JetBlue Technology Ventures | January 22, 2021
Four trends are poised to redefine the industry in the coming year - and emerging technology has a tremendous opportunity to transform this new travel experience. Read More
Co-living startup Gravity raises $1.4M to expand internationally
News / Startups
Co-living startup Gravity raises $1.4M to expand internationally
By Jill Menze | January 22, 2021
The London-based company says it has experienced a period of high growth despite the pandemic. Read More
gbt-acquires-ovation
News / Online
American Express GBT acquires Ovation Travel Group
By Mitra Sorrells | January 21, 2021
The purchase includes all Ovation Travel Group brands, which will remain in place.  Read More
TripActions-snags-155-million
News / Online
TripActions snags additional $155M, valuation now $5B
By Mitra Sorrells | January 21, 2021
TripActions CEO Ariel Cohen says investors came to him toward the end of 2020 due to the company’s “execution in terms of taking market share.”   Read More
Maps.me lands $50M round, plans mobile wallet
News / Online
Maps.me lands $50M round, plans mobile wallet
By Linda Fox | January 21, 2021
Maps.me plans to bring decentralized finance for travel purchases to its users following the new funding round. Read More
Microsoft bets on autonomous vehicle tech with investment in GM's Cruise
News / Technology
Microsoft bets on autonomous vehicle tech with investment in GM's Cruise
By Jill Menze | January 21, 2021
Microsoft is backing a $2 billion funding round for General Motors’ driverless car unit Cruise as part of a long-term strategic relationship. Read More
Gett completes $115M round, plans global expansion
News / Online
Gett completes $115M round, plans global expansion
By Linda Fox | January 14, 2021
Gett, which aggregates ground transport for corporates, wants to continue to roll-out the platform worldwide. Read More
Kambr adds $3M in funding to accelerate airline revenue tech development
News / Startups
Kambr adds $3M in funding to accelerate airline revenue tech development
By Linda Fox | January 13, 2021
The investment comes from private equity investors and aviation industry veteran Michael Scheeringa. Read More
book4time-serent-capital
News / Online
Book4Time secures growth investment from Serent Capital
By Mitra Sorrells | January 13, 2021
Founded in 2004, Book4Time manages booking, inventory and payment processing for hotels and resorts, as well as casinos, spas and fitness facilities. Read More
oyo-7.4m-series-f
News / Online
OYO raises $7.4M as part of Series F round
By Mitra Sorrells | January 11, 2021
The new capital comes from Hindustan Media Ventures.  Read More
VIDEO: Experts on the state of travel innovation
News / Startups
VIDEO: Experts on the state of travel innovation
By PhocusWire | January 8, 2021
The Phocuswright Conference 2020's dragons give their take on the biggest trends, promising players and what’s next for online travel innovation and investment. Read More
The Phocuswright Conference 2026