Duffel Raises $21.5 Million for Distribution Tech: Travel Startup Funding This Week

A photo of key team members for Duffel, a travel startup that has been backed by Benchmark, a famous investment firm. Steve Domin, co-founder and CEO of Duffel, is in the center wearing shorts. Duffel Skift Take: This week travel startups GuestReady Group, Duffel, MagicStay, and Fairjungle announced more than $32 million in funding. — … [Read more…]

Skift Top Travel Startups to Watch 2019

Skift Take: We’ve pinpointed 25 of the most promising venture-backed travel companies. Check out our list to find a useful partner for your business. — Sean O’Neill Read the Complete Story On Skift

CellPoint Mobile Raises $14 Million for App Services: Travel Startup Funding This Week

The Emirates mobile app, which is partly powered by tech from CellPoint Mobile, which has just announced that it has received financing. Emirates Skift Take: CellPoint Mobile, which helps airlines and other travel companies run their mobile apps more effectively, has received $14 million in investment. The move underscores the ongoing venture capital interest in … [Read more…]

Amadeus Backs Startup Volantio to Help Airlines Manage Overbooked Flights

A view of the Atlanta office of Volantio, a travel tech startup that has received backing from Amadeus. Volantio Skift Take: Props to Volantio, which won the Air Pitch startup competition at Skift Global Forum last year, for now getting investment and sales support from Amadeus. — Sean O’Neill 2pk Deluxe Garment Bags With Pockets … [Read more…]

General Atlantic Buys Startup Kiwi.com in Travel Tech Play by Private Equity

A view of a common area at the offices of travel tech company Kiwi.com, which is located in a business park in the suburbs of Brno and was designed by Kaplan Architects. General Atlantic, a private equity firm, has taken majority control of the company. Kiwi.com Skift Take: A top-tier private equity firm like General … [Read more…]

Accor Backs Chatbot Tech Builder Mindsay in $10 Million Funding Round

An airline passenger uses Iberia’s customer service chatbot, Ibot, which is powered by Mindsay, a technology vendor that has raised a Series A round of funding. Iberia Skift Take: The funding of French startup Mindsay may be small news. But interviews with its customers Iberia and CWT suggest that a second wave of chatbot technology … [Read more…]

Booking Site Ixigo’s Rail-First Strategy Propels Growth in India

An illustration of how consumers can use the Ixigo trains app to overlay a digital image and discover which train car their ticketed seat is in. Ixigo CEO Aloke Bajpai said the startup he co-founded is now achieving rapid growth. Ixigo Skift Take: An exclusive first look at Ixigo’s fiscal year financials reveals that the … [Read more…]

Prowler Raises $24 Million for Decision Tool: Travel Startup Funding This Week

The co-founders of Prowler.io, with CEO Vishal Chatrath (center), chief technology officer Dongho Kim (left), and head of finance Engineering Aleksi Tukiainen (right). This week Prowler.io and other startups received investments. Prowler.io Skift Take: This week travel startups announced more than $309 million in funding, as Mafengwo, Prowler.io, Instawork, Revenue Analytics, Dawex, and Outpost received … [Read more…]

This German Startup Aims to Have a Fleet of Jet-Powered Flying Taxis by 2025

Chief Executive Officer Daniel Wiegand discusses his startup on Bloomberg TV. Bloomberg Skift Take: Lilium’s five-seat aircrafts can operate in pilot or drone mode, but the company must raise more venture capital dollars for it to reach its goal. — Danni Santana 2pk Deluxe Garment Bags With Pockets For Storage Travel Suits Dresses Uniforms $6.49End … [Read more…]

YouTrip Raises $25 Million for a Digital Wallet: Travel Startup Funding This Week

YouTrip’s co-founder and CEO Caecilia Chu. The startup, founded in Hong Kong, helps travelers save money when making purchases in a foreign currency. It has raised $25.5 million in pre-Series A funding. YouTrip Skift Take: This week’s travel startups, including YouTrip, GetYourGuide, Away, and Anyplace, announced more than $611 million in funding. — Sean O’Neill … [Read more…]