Investor Heavyweight Lakestar Bets on Limehome and Impala: Travel Startup Funding This Week
Photo Credit: An example of a Limehome property. The Munich-based startup manages short-term rentals with hotel-like service. It has raised $23 million (€21 million). Limehome
Skift Take
Of particular note this week is that top-tier European venture capital firm Lakestar has bet on two companies: Impala, which helps hotels talk to other businesses, and Limehome, a next-generation hotel brand. Lakestar is best known for having invested early in companies like Airbnb, Skype, and Spotify. The travel sector can use all the smart money it can get.
Travel Startup Funding This Week
Each week we round up travel startups that have recently received or announced funding. Please email Travel Tech Reporter Justin Dawes at [email protected] if you have funding news.
This week, travel startups Limehome, PredictHQ, Impala, Habitas, Tourkrub, and BizAway together raised more than $96 million in funding.
>>Limehome, which manages short-term rentals with hotel-like service, has raised $23 million (€21 million).
Lakestar led the round.
Limehouse, a Munich-based company, manages units that are licensed to operate as hotels and come with hotel-like amenities. It aims to automate every part of the hotel business, including check-in, pricing, and guest service. Limehouse has properties in 34 places in Germany and Austria and plans to expand in other markets.
>>PredictHQ, the demand intelligence company, announced $22 million in Series B funding led by Sutter Hill Ventures and joined by existing investors.
Sutter Hill, arguably the oldest venture capital firm in Silicon Valley, is leading the round. The company raised $10 million in Series A funding in 2018.
The startup claims to track "real-world events," like coronavirus
