Berlin-based travel booking platform Tourlane has raised a $24 million Series B funding round led by Sequoia Capital with participation from existing investors Spark Capital, Holtzbrinck Ventures, and DN Capital. Founded in 2016, the startup has now attracted a total of $34 million. Tourlane is a planning and booking service for individuals and groups that […]
German-founded language learning app Babbel has announced its expansion into the language travel market with the acquisition of a Berlin-based startup LingoVentura. The latter already operates a language travel platform that handles bookings for 200 language schools in over 100 cities and countries. “The language travel market today looks a lot like travel market in […]
This week we’re discussing the recent insolvency filings from two European startups, France’s plans to “embed” researchers into Facebook, Kenyan workers who make the AI magic, and more.
It only took two weeks after Amsterdam-based TravelBird officially filed for insolvency for its assets to get acquired, the Financieele Dagblad reports. The UK-based Secret Escapes, a competing travel booking platform with a luxury focus, has made the largest bid “by far,” according to the bankruptcy curator Jan Padberg. The British company will receive the intellectual property, […]
Travelbird, an Amsterdam-based online platform for travel booking that has raised more than €20 million to date, has fully suspended its operations and declared financial insolvency. The company currently employs 310 people in its Amsterdam headquarters — less than a half of its staff as of April 2015. In a message posted on the Dutch version […]
The Tech.eu podcast hosted by Natalie Novick and Andrii Degeler is a show in which we discuss some of the most interesting stories from the European technology scene and interview leading entrepreneurs and investors from across the region.
Travelsify, a Luxembourg-funded hotel tech startup that offers advanced analytics for hotels, has raised €5 million in a funding round led by AccorHotels. The deal brings the total capital raised by the startup to over €8 million. Working with hotel groups, hotel investors, online booking platforms, technology providers, and targeted advertising platforms, Travelsify has come […]