French travel tech startup Koala has closed a €1.6 million seed round led by London-based Insurtech Gateway, with participation from Playfair Capital, Techstars Ventures and private investors, including former CEOs of Air Malta and Brussels Airlines. The service proactively alerts travelers to any disruption (bad weather, strikes, etc.) and pays out instantly, “no questions asked”. […]
Fly Now Pay Later, a London-based payment provider for the travel sector, has raised £35 million in a Series A round led by Revenio Capital, with participation from Shawbrook Bank and BCI Finance, two institutional debt providers in specialist finance. “Few industries have been affected as significantly as tourism in the wake of COVID-19. Many […]
Swedish travel tech startup Handiscover, which provides an accommodation booking platform for people with special needs, has secured €1.6 million in grant funding from the European Innovation Council (EIC) Accelerator. The company qualified for ‘blended funding’, which means that along with the grant, there will be a negotiation around a Series A with the European […]
Eddy Travels, a travel tech startup founded by Lithuanians and based in Toronto, has raised €1.1 million in a pre-seed funding round, led by Baltic VC Practica Capital with participation from Lithuanian firm Open Circle Capital, Techstars Toronto, and angel investors. Founded in 2018, the company has developed an AI travel assistant, which communicates with […]
Hotelmize, an Israeli travel tech startup using AI to optimise hotel pricing and booking, has raised a Series B round from Alibaba Entrepreneurs Fund in Hong Kong and Tel-Aviv based Brilliance Ventures. The company also announced a new APAC headquarters in Hong Kong, which will serve as a gateway for expansion into the region. Hotelmize’s […]
Israeli traveltech startup Wishbox has raised a $2.5 million round, led by London-based BNF Capital, to continue expanding its global guest management platform. Founded in 2016, David Mezuman and Jeremy Atlan — two tech entrepreneurs in Tel Aviv who also managed short-term rental properties — decided to create a platform that managed every aspect of […]
UK startup Upgrade Pack, an app providing discounted flight and hotel upgrades, has surpassed £5 million in seed funding after finalising a new £1.5m private investment, from mostly unnamed private investors. The London-based company sits at the intersection of finance and travel. The startup’s service is exclusively distributed through banks and credit card issuers as […]