ExcelLand Raises $14 Million for Hotel Robots: Travel Startup Funding This Week
Photo Credit: ExcelLand's third-generation robot, designed for use in hotels. The robotics company joined Omio, Trell, and Trafi in disclosing recent venture capital funding rounds in the the travel sector. ExcelLand
Skift Take
This week, investors bet more than $136 million in travel-themed startups, including a robot builder, a video-sharing app, and two companies that make multiple types of transport searchable and bookable.
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 $136 million in funding.
>>Omio, the travel booking app, said Wednesday it had raised $100 million (€83.7 million) in convertible debt.
Investors included Temasek, Kinnevik, Goldman Sachs, NEA, and Kleiner Perkins. See Skift's story.
>>ExcelLand, a robotics company, has received undisclosed investments from hotel groups Huazhu and BTG Homeinns. The financing added to its recent Series B round of about $14.4 million (100 million renminbi).
Other investors include Snowball Capital, Legend Capital, China Merchants Capital, Convivialite Ventures, and Seekdource Capital.
During the pandemic, Huazhu used robots to make more than 200,000 deliveries a month at many of its 6,000 properties. BTG Homeinns oversees 4,
