Finance


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News / Online
Cabify closes $110M round, looks to further expansion
By Linda Fox | March 28, 2023
The latest investment in the company comes from Orilla Asset Management and AXIS and adds to Cabify’s €40 million loan from the European Investment Bank (EIB), as well as an investment from Mutua... Read More
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News / Startups
Reeco checks in with $10M for hotel supplies marketplace
By Linda Fox | March 28, 2023
The investment in the Israel-based company was led by Net Capital Ventures and Joule Ventures while a number of angel investors also participated. Read More
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From Our Partners / Startups
McKinsey analysts on innovation in travel
By PhocusWire | March 28, 2023
Travel analysts from McKinsey discuss the latest research and their analysis of innovation and funding across the industry. Read More
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News / Startups
Placemakr unlocks $65M for mixed-use hospitality concept
By Linda Fox | March 21, 2023
Investment in the flexible-use property specialist comes from Highland Capital Partners, Harbert Growth Partners, Bernstein Management Corp., Camber Creek and Gaw Capital. Read More
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Opinion / Startups
Thriving amid a changing travel tech investment landscape
By Adam Harris - Cloudbeds | March 21, 2023
If the rapid collapse of Silicon Valley Bank showed us anything, it’s that those of us who run companies need to pay careful attention to the changing economic landscape and make... Read More
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News / Startups
Travel investors and founders on the SVB collapse
By Mitra Sorrells | March 20, 2023
Thayer Ventures' Chris Hemmeter, Unlock Advisors' Cara Whitehill, Grapevine's Jack Dow and Navan's Ariel Cohen discuss the outlook for travel startups in the wake of the SVB collapse. Read More
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From Our Partners / Online
Cross-sector collaboration key to success for travel industry
By PhocusWire | March 20, 2023
Hear from Mastercard about shifts in payment strategies and why cross-sector partnerships are so critical for the future. Read More
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News / Startups
Danish home rental platform from former Airbnb employees raises €3.8M
By Mitra Sorrells | March 16, 2023
Landfolk says it now has more than 1,000 holiday homes on its platform across Denmark, Germany and Norway and with this funding it is intending to double that number this year. Read More
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News / Online
CitizenM secures €480M sustainability-linked loan
By Derek Catron | March 15, 2023
Sustainability-linked loans incentivize companies to achieve environmental benchmarks to secure lower interest rates. Read More
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News / Online
Vacasa sets sights on long-term profitable growth
By Kathryn Walson | March 14, 2023
Vacasa's priorities are shifting to improving efficiency and developing processes “to deliver an unmatched experience for our homeowners and elevated hospitality for our guests,” CEO Rob Greyber says. Read More
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News / Startups
Are travel companies more willing to work with startups?
By Linda Fox | March 14, 2023
Investors believe there has been positive change since before the pandemic with travel supply companies such as hotels and airlines now much more receptive to working with startups. Read More
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News / Online
Tryp.com secures seed round to enhance tech, expand reach
By Kathryn Walson | March 14, 2023
The Denmark-based startup says its search engine “accesses thousands of flights, trains, buses and hotels in real-time, comparing prices, locations and schedules.” Read More
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News / Startups
Polish STR manager Renters.pl secures funding to grow
By Derek Catron | March 14, 2023
Polish Enterprise Fund VIII, a private equity fund managed by Enterprise Investors, will acquire up to 80% of Renters.pl. Read More
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News / Startups
Travel startups consider cost of SVB collapse
By Linda Fox | March 13, 2023
News of SVB’s demise left the startup world reeling, with the bank said to work with more than 50% of U.S. startups and 40% of U.K. startups. Many feared they would be unable to make March’s payroll. Read More
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News / Distribution
Travelport adds corporate booking technology with acquisition of Deem
By Mitra Sorrells | March 10, 2023
Deem will maintain its existing integrations with other global distribution systems, including Sabre and Amadeus, while Travelport will continue to support third-party booking solutions such as Concur... Read More