Regent Raises $9 Million for Flying Ferries: Travel Startup Funding This Week
Photo Credit: A photo-illustration of what the Regent's first electric flying machine that will transport commercial passengers by water and air might look like when finished. Regent
Skift Take
This week, travel startups announced more than $168 million in funding. Investors bet on concepts that included a flying hydrofoil, long-haul ground transport, a Chinese version of TripActions, Muslim travel, carbon-free air travel, contactless tech for hotels, and more.
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 announced more than $168 million in funding.
>>BlaBlaCar, which offers both long-distance carpooling and intercity bus travel, said this week it had raised $115 million (€97 million) in fresh investment. See Skift's story.
>>Universal Hydrogen, a company striving to fuel carbon-free air travel, has closed a $20.5 million Series A financing round.
Playground Global led the round. Other investors include JetBlue Technology Ventures, Coatue, Airbus Ventures, and Global Founders Capital.
The startup said it "stitches together the end-to-end hydrogen value chain for aviation, both for hydrogen fuel and hydrogen-powered airplanes."
>>Z-Trip, a business travel company based in Shanghai, has completed a fresh round of financing of more than more than $15 million, or "more than 100 million renminbi."
Dongfang Jiafu led the round.
Z-Trip, founded i
