SoftBank Invests in Brazil’s Buser: Travel Startup Funding This Week

A Buser intercity charter bus is shown here in a parking lot in Brazil’s capital city of São Paulo in early 2019. Buser is a startup that plays matchmaker with travelers looking for intercity travel in Brazil and charter companies that can respond on-demand. Buser Skift Take: By investing in bus booking company Buser, SoftBank … [Read more…]

Aero Raises $16 Million for Air Service for Millennials: Travel Startup Funding This Week

Aero CEO Uma Subramanian is shown here speaking on the Wheels to Wings panel at a ClimateOne event in San Francisco in August 2019. The company has raised $16 million in funding for next-generation chartered air service. Aero Skift Take: This week, the startups Aero, TravelBank, Impala, Quicko, and Fyle together announced more than $45 … [Read more…]

Unbabel Raises $60 Million for Translation Services: Travel Startup Funding This Week

Some workers at the Lisbon office of Unbabel, a translation service provider that has received more venture funding. Unbabel Skift Take: In the past week, travel startups raised more than $100 million in funding. The companies Unbabel, Beyond Pricing, Travel Easy, Air Doctor, Seatfrog, Cruisewatch, HappyOrNot, Landline, Planet O, and Go Zayaan look to go … [Read more…]

Why Airbnb Won’t Do an Initial Public Offering in 2020

Airbnb co-founder and CEO Brian Chesky speaks during an announcement in San Francisco, April 19, 2016. Airbnb intends to become a pubic company in 2020. Jeff Chiu / Associated Press Skift Take: Airbnb has always put itself out there as not just another startup or your grandmother’s online travel agency. Going the direct listing route, … [Read more…]

Chengjia Raises $300 Million for Short-Term Rentals: Travel Startup Funding This Week

A two-bedroom “aparthotel” from Citadines in Xi’an, China. Citadines Aparthotel is one of the brands of Chengjia, a company that raised $300 million in Series B investment this week. Citadines Aparthotel Aparthotel Skift Take: This week, travel startups announced more than $433 million in funding. Companies included Chengjia, Holidu, AvantStay, WanderJaunt, Lavanda, Kambr, Amenitiz, and … [Read more…]

Volocopter Raises $55 Million for Flying Taxis: Travel Startup Funding This Week

VoloCity is an aircraft that that might carry two people plus luggage for about 50 miles. It is the lead product of Volocopter, a German startup that has just raised $55 million in additional funding. Volocopter Skift Take: This week, travel startups Volocopter, Atlas Obscura, KKDay, AmazingCo, Living Map, Sojourn, and Davinci Travel Systems announced … [Read more…]

Hotel Engine Raises $16 Million for Business Travel Booking: Travel Startup Funding This Week

A whiteboarding scene from the new Denver headquarters of Hotel Engine, a startup that offers online lodging management for businesses. Hotel Engine has raised $16 million in Series A funding. Hotel Engine Skift Take: The funding of business travel management startup Hotel Engine underscores how there’s a lot of money and energy pouring into the … [Read more…]

Smartair Raises $6 Million for Dynamic Packaging Tech: Travel Startup Funding This Week

Israel’s Jaffa Port, with Tel Aviv’s hotels in the background. Smartair, an Israeli travel startup, has raised a $6 million round of funding. Dana Friedlander / Israel’s Ministry of Tourism Skift Take: This week travel startups announced more than $46 million in funding. Of note, two of the companies, Smartair and Tastemakers, are making bets … [Read more…]

Zhiketong Raises $42.5 Million for Hotel Marketing on WeChat: Travel Startup Funding This Week

A view of the Beijing office of Zhiketong Technology, a direct marketing tech company that helps hotels sell rooms on the WeChat platform. The startup is one of a few that recently announced funding. Zhiketong Skift Take: Zhiketong stands out for receiving investment from top-tier investors and travel companies. The company helps hotels and other … [Read more…]

AirPortr Raises $8.6 Million for Luggage Delivery: Travel Startup Funding This Week

A traveler in London uses Airportr, which checks in and delivers bags for flyers. The startup has raised $8.6 million (£7.1 million) in total for its Series A. Airportr Skift Take: Investors have bet on some innovative business models. AirPortr has hand-delivered about 100,000 bags from homes to airports, lifting a worry off the hands … [Read more…]