Articles tagged “funding”

The future's coming right at you. Investors have backed Reliable Robotics, which builds autonomous aircraft, and Movie Hotel, which brings screening rooms and exclusive studio content to properties.

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.

Investors have recently bet on a few long-term trends: outdoor recreation, smoother business travel, better digital identity management by the travel sector, and next-gen tour operators.

This week, startups relevant to the travel sector announced more than $24 million in funding. Their very startup-y sounding names are Airside, Breezeway, and Delightree.

Jakarta-based agency Traveloka, South Korea-based agency MyRealTrip, and Colombia-based agency Awake Travel are among the travel startups that together announced more than $297 million in funding this week.

Two startups that raised funding this week: Gett, a kind of metasearch for ground transit, and Triparound, which helps hotels and other partners upsell more services to travelers.

Two startups that stand out in this funding roundup are Beekeeper, an operational communications service for staff at hotels and other companies, and Mystifly, an aviation retailing and payments platform.

Dorms for grown-ups. No-questions-asked travel insurance. Basecamp for "team travel." FareHarbor for ferries. Games for destinations. And more ...

Despite the crisis, travel startups continue to raise funds. SevenRooms, a guest experience platform for restaurants and hotels, was one highlight this week.

Sonder is now the second unicorn in the short-term rental and hotel sector after Airbnb. At this rate, Sonder will IPO before Airbnb.