Flying Taxis, Jet Fuel, Hotel Booking: Funding for These 17 Travel Startups Tops $300 Million
Photo Credit: Pictured: An Eve Air Mobility aircraft flies overhead. Eve Air Mobility
Skift Take
There was a lot of variety in this group of startups: flying taxis, skiing tours, renewable jet fuel, loyalty, pest control, luggage, and a new travel media brand.
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.It's been a busy time for travel startups – 17 of them announced fundraises totaling over $317 million in the past three weeks.
There's a lot of variety in the areas these companies are working in: flying taxis, skiing tours, renewable jet fuel, loyalty, pest control, luggage, and a new travel media brand.
Four the startups raised over $30 million, and two of those topped $90 million.
Eve Air Mobility: $94 MillionEve Air Mobility, which is developing an electric vertical take-off and landing (eVTOL) aircraft, has raised $94 million in equity financing. Investors included Embraer, Nidec, and others.
The company has now raised $466 million since it went public in 2022.
Florida-based Eve Air Mobility, a spinoff of aerospace company Embraer, said it is completing assembly of its first prototype ahead of a testing campaign. The aircraft carries four passengers and can complete flights of up to 60 miles, designed as a f