TravelPerk tech.eu

Barcelona’s TravelPerk acquires US business travel platform NexTravel

TravelPerk, a Spanish company that has grown into a global travel management platform, has acquired US business travel platform NexTravel to accelerate expansion in the US market. Financial terms of the deal were not disclosed. The acquisition will include NexTravel’s customer base, technology, employees and inventory. Founded in 2013 and launched from Y Combinator in […]

Exoticca tech.eu

Spanish traveltech startup Exoticca raises €5 million, extending Series B to €16 million total

Barcelona-based Exoticca, a traveltech platform designing package tours to long-haul destinations, has closed a €5 million extension of its Series B, bringing the round’s total to €16 million. The extension was led by Milano Investment Partners with the participation of K Fund, Bonsai Partners, Pase Capital, Kibo Ventures and Sabadell Venture Capital. The other €11 […]

Today in European Tech: LogPoint raises $30M, Via buys Fleetonomy, TravelPerk opens up, and other deals/stories that caught our eyes

Hello! Here is what happened today in European tech: Deals – Copenhagen-based LogPoint, which provides cybersecurity automation and analytics solutions to help companies make better security, compliance and business decisions, has raised $30 million in Series B funding. – French fintech startup October (formerly Lendix) has raised some fresh capital in a non-equity funding round […]

Omio tech.eu

Berlin-based travel platform Omio raises $100 million

Berlin-based Omio, the travel platform formerly known as GoEuro, has raised $100 million in a late stage convertible note. Existing investors Temasek, Kinnevik, Goldman Sachs, NEA and Kleiner Perkins joined the round, as well as some unnamed newcomers. The capital will help the company thrive through the coronavirus pandemic, when the travel sector has taken […]

TravelPerk tech.eu

Barcelona’s TravelPerk buys Albatross, an API for virus-related travel restrictions, to expand risk management offering

Barcelona-based travel management platform Travelperk has acquired Albatross, a startup that offers an API for structured information on travel restrictions and local guidelines in the coronavirus era. This is the Spanish company’s first acquisition. Albatross’ technology and data will be incorporated into TravelCare, the platform’s travel risk management offering, but also remain a standalone product […]