New investment in the company formerly known as Bacarai was led by Lightbank with participation from Corazon Capital.  ... Read More

Highlights of the year for HomeToGo included the acquisition of AMIVAC in January and E-Domizil in March and acquiring the remaining 81% stake in Secra in June following its initial acquisition of 19% in 2021.... Read More

The investment was led by Durable Capital Partners and Madrona Venture Group with All Iron Ventures and Conexo Ventures also participating.  ... Read More

Charles Shima’s ZaNiheza is building a digital mall for immersive experiences in Africa and beyond.  ... Read More

Existing investor Insurtech Gateway led the round with new investors Uneti Ventures, Slimmer AI and Sterling Oak also participating.... Read More

American Airlines will move forward with its controversial plan to make some of its content available only to travel agencies booking through a new distribution capability connection.  ... Read More

Hotels are providing the opposite of hospitality with long queues, paperwork, poor Wi-Fi and disconnected systems, according to Lennert de Jong, president for hospitality at Planet.... Read More

Last June Destinus and Spanish engine manufacturer ITP Aero agreed to jointly develop a hydrogen engine test facility to showcase their research in hydrogen combustion.... Read More

Since 2009, former Amazon and Microsoft executive David Risher has been CEO of Worldreader, a San Francisco-based nonprofit whose mission is to improve reading outcomes in children ages 3-12.... Read More

The latest investment in the company comes from Orilla Asset Management and AXIS and adds to Cabify’s €40 million loan from the European Investment Bank (EIB), as well as an investment from Mutua Madrilena to acquire a 1.26% stake in the company last year.... Read More

The investment in the Israel-based company was led by Net Capital Ventures and Joule Ventures while a number of angel investors also participated.... Read More

   The company announced revenue of $10.9 million, up 44% year over year while adjusted revenue was $18 million, up 43% year over year. ... Read More

The trade association for the global aviation industry is spearheading a voluntary initiative, called 25by2025, with the aim of increasing the number of women in senior positions and under-represented areas.... Read More

Journey says the acquisition will enable it to further help hotels boost direct revenue opportunities. ... Read More

The company, which plans to launch DuveAI in the second quarter of this year, says it will enable “hoteliers and hosts to interact with their guests like never before.”... Read More