Articles tagged “venture capital”

Roch Ventures, a €150 million ($160.2 million) fund for travel tech startups in Europe and Israel, has made its first investment. 

The roundup this week: Four travel tech startups based in four different continents, all focused on ground transportation.

Funding announced this week went to a wide variety of travel tech startups, with involvement in hotels, cruises, messaging, and sustainability.

Everyone in the travel industry, especially airlines, is talking about sustainability right now. But investments are also being made in innovations that could form the industry decades from now.

Raising $185 million in hotel tech at all, especially in this economic climate, is an endorsement of the product Mews has built — but more importantly shows the potential investors see in modernizing the market at this precise time.

This startup funding list covers the gamut: fuel sustainability in plane and trains, short-terms rentals for business travelers, day access to luxury hotels, and planting trees in tourist areas.

Almost every week, a short-term rental platform or ancillary software service reports that it has raised millions. It’s almost like there’s a growing demand for their services. There were two this week, and the star is Barcelona-based Ukio.

There weren't big numbers this week, but there were investments from some big-name venture capital firms: F-Prime Capital, JetBlue Ventures, Thayer Ventures, and Plug and Play.

Sometimes raising investment is hard, and sometimes it's harder. But that's no reason not to move forward — a product that's strong and needed will still sell.

Lodgify plans to expand its short-term rental management software globally, BookOutdoors wants to bring campsites into the 21st century, and Way exited stealth mode with a full list of clients.