Articles tagged “funding”

The nearly $1 billion in fundraises in November has been driven by startups for hotel tech and flying taxis.

Multiple travel tech startups have raised large sums of capital this year. At $370 million, Lighthouse's fundraise has been the largest by far.

Our data showed a 30% annual increase in venture capital funding into travel companies focused on AI in 2023.

Waymo wants road trippers to take driverless cars across the U.S. It's already operating a ride-hailing service, and it has tech and money from Google, so chances are good.

The fresh funding comes shortly after Uber announced a black-car service for business travelers.

There are several startups worldwide developing flyings taxis, but it's a capital-intensive venture. Lilium isn't the first to face empty coffers.

Nineteen travel startups raised $1.1 billion near the start of October. Then it slowed down.

Joby Aviation and Toyota are among multiple transport companies that want to see flying taxis as part of everyday commercial travel. If everything stays on track, that could start becoming a reality in 2026.

It's great that individuals can get in on a piece of the startup action — as long as they understand the investment.

Hotel Engine has its sights set abroad next year to take advantage of fast-growing business travel demand.