Zeus Raises $55 Million for Extended-Stay Rentals: Travel Startup Funding This Week

From left: Chief Technology Officer Joe Wong, Chief Operating Officer Srini Panguluri, and CEO Kulveer Taggar together co-founded Zeus, a corporate hospitality startup that has raised more than $90 million in funding. Zeus Skift Take: This week, travel startups announced more than $139 million in funding for concepts including extended-stay corporate housing, short-term rental-style pop-up … [Read more…]

2C2P Raises $52 Million for Payments Tech: Travel Startup Funding This Week

Aung Kyaw Moe, founder and CEO of 2C2P, poses for a photograph in Bangkok, Thailand, on Thursday, January 2018. 2C2P is a digital payments platform that has just raised a fresh round of funding. Taylor Weidman / Bloomberg Skift Take: This week, travel startups announced more than $101 million in funding for a range of … [Read more…]

Tencent Bets Big on Ctrip-Backed LvYue Hotel Group: Travel Startup Funding This Week

An image of the lobby of the 69-room Vyluk Hotel in Chongqing, China, which is run by LvYue, a hotel group that’s a strategic investment of Trip.com Group and that received a round of investment led by Tencent this week. Vyluk Hotel Skift Take: Is there anything that Trip.com Group (formerly Ctrip) won’t do? LvYue … [Read more…]

Travelio Raises $18 Million for Extended Stay Booking: Travel Startup Funding This Week

Co-founders of Travelio, the alternative accommodations booking site based in Asia, as shown from left, chief operating officer Christie Tjong, chief executive officer Hendry Rusli, and chief strategy officer Christina Suriadjaja. Travelio Skift Take: This week, travel startups Travelio, Refundit, and Nowaday together announced more than $33 million in funding. Of particular note is Amadeus’ … [Read more…]

Comtravo Raises $23 Million for Business Trip Management: Travel Startup Funding This Week

A stand demonstrating Airbnb for Business in Berekley, California, in 2017, and illustrating the concept of business travel. This week, travel startups announced more than $60 million in funding for Comtravo, Tripscool, OStay, Cover Genius, and Verto Education. Airbnb Skift Take: This week, travel startups announced more than $60 million in funding for a business … [Read more…]

Fountain Raises $23 Million for Hospitality Recruitment: Travel Startup Funding This Week

Shown here is Keith Ryu, CEO and co-founder of Fountain, a hospitality recruitment startup that has raised additional funding. Fountain Skift Take: This week, travel startups announced more than $437 million in funding. Blockchain-based identify management, hospitality worker recruitment, airline distribution, attractions ticketing, and short-term rental property management were some of the hot concepts attracting … [Read more…]

July Raises $7 Million for Better Luggage: Travel Startup Funding This Week

From left: Shown here are the co-founders, Richard Li and Athan Didaskalou of Melbourne-based luggage maker July, which was one of several travel startups that announced collectively more than $21 million in funding this week. July Skift Take: Melbourne, Australia-based luggage maker July was one of several travel startups that announced collectively more than $21 … [Read more…]

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…]