Skift Take
This week, travel startups announced more than $176 million in funding. Concepts included corporate travel, hotel robots, and channel management for vacation rentals.
This week, travel startups announced more than $176 million in funding.
On Thursday, Skift reported that TripActions, the business travel management solution, had closed a $155 million Series E funding round. The California startup has secured a total of $790 million, and the company claims it's now valued at $5 billion.
>>Yunji Technology, a Beijing-based maker of robots, has closed an undisclosed amount for a Series C financing round, led by Qiming Venture Partners. Past investors include Tencent Investment, AlphaX Partners, Lenovo Capital, Lanting Capital, HNA Tourism, and Trip.com Group.
The company has raised more than $77 million (500 million Chinese renminbi) in total, ChinaTravelNews reported.
Some China-based properties in the Mercure and InterContinental brands have used the robots. Hote
