Ride-Hailing Startups Raised Over $460 Million Since June: Travel Startup Funding This Week
Photo Credit: Careem, a ride-hailing startup based in Dubai, raised a $350 million Series D round this week, one of the largest rounds for a ride-hailing startup this year. Careem
Skift Take
December is officially this year's top month for the highest total amount of travel startup funding thanks to two mega rounds for ride-hailing startups but the verdict is still out about the venture capital situation for the full year.
Some travel startups are ending 2016 on a high note -- financially speaking -- and have collectively raised more than $680 million in funding so far in December alone.
More than $450 million (66 percent) of that funding came from two mega rounds for ride-hailing startups, includi
