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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3884505 | Tags:





Travel tech firm Branchspace receives £5m to enhance airline retail digitisation
Published: 31-08-2023 | 09:43:00 | By: Pie Kamau
Gresham House Ventures has completed a £5m investment into Branchspace


Beond closes $17m seed round to establish world's first premium leisure airline
Published: 14-08-2023 | 14:50:00 | By: Pie Kamau
Beond announced the successful completion of over $17m seed round.


Travel experience marketplace GetYourGuide secures $194m to accelerate global expansion
Published: 01-06-2023 | 12:56:00 | By: Pie Kamau
GetYourGuide announced the closing of $194 million in equity and credit financing.


Travel insurtech startup Faye lands $10m Series A funding
Published: 26-05-2023 | 10:48:00 | By: Pie Kamau
Travel insurance startup Faye, announced it has raised $10 million in Series A funding.


JetBlue Ventures, Plug and Play partnership yield successful outcome in travel and hospitality industry
Published: 02-05-2023 | 11:09:00 | By: Pie Kamau
JetBlue Ventures and Plug and Play Tech Center announced that their partnership has once again been successful in fostering innovation and growth in the travel industry.


Bolt announces plans to expand services in Africa with €500m investment
Published: 21-02-2023 | 10:27:00 | By: Pie Kamau
Bolt has announced plans to invest €500 million to enhance its operations across Africa over the next two years.


London-based hospitality tech startup HotelRunner snaps $6.5m investment to accelerate global growth
Published: 17-01-2023 | 14:19:00 | By: Pie Kamau
HotelRunner, the global hospitality and travel technology provider, announced the closing of $6.5 million Series A round to accelerate global growth.


Traveltech startup Evaneos raises €20m to accelerate growth in Europe
Published: 20-12-2022 | 11:16:00 | By: Pie Kamau
Evaneos, the online platform dedicated to making travel a source of positive impact, announced a €20 million equity financing round to accelerate growth in Europe.


Travel startup Wander raises $100m credit facility from Credit Suisse to scale smart vacation homes across the U.S.
Published: 01-12-2022 | 10:36:00 | By: Pie Kamau
Wander, a travel startup with a network of smart vacation homes, announced it has closed a $100 million credit facility with Zürich-based Credit Suisse, a global investment bank and financial services firm.


UK-based hospitality tech startup Journey completes £5m growth capital raise
Published: 04-11-2022 | 11:02:00 | By: Pie Kamau
Journey Hospitality has secured £5 million growth capital investment. The funds, from private equity firm Averroes Capital, will enable Journey to deliver its vision to revolutionise e-Commerce for the hospitality industry.


Early-stage travel tech startup Pinktada raises funding to accelerate expansion
Published: 18-10-2022 | 15:19:38 | By: Bob Koigi
The new sum of $975,000 includes participation from Selenean Capital, an Ireland-based fund, and of serial high net worth investors.


Amsterdam-based HolidayHero closes €500k pre-seed round to enhance guest experiences in the travel industry
Published: 12-10-2022 | 13:07:00 | By: Pie Kamau
HolidayHero announced a successful closing of €500,000 pre-seed funding round to kick off its vision of delivering proactive and personalized guest experiences in the travel industry.


Sabre joins Plug and Play as travel and hospitality partner
Published: 08-07-2022 | 12:27:00 | By: Pie Kamau
Sabre Corporation, a software and technology company powering the global travel industry, announced its partnership with Plug and Play's Travel and Hospitality program headquartered in the heart of Silicon Valley.


Raytheon Technologies venture capital group invests in Hermeus to accelerate air travel
Published: 13-05-2022 | 11:29:00 | By: Pie Kamau
Raytheon Technologies announced a strategic investment in Hermeus Corporation, a company developing hypersonic aircraft for defense and commercial applications, through its newly established corporate venture capital group, RTX Ventures.


Radisson Hotel Group partners with Plug and Play to accelerate its innovation capabilities for future travel technologies and solutions
Published: 06-05-2022 | 09:07:00 | By: Pie Kamau
Radisson Hotel Group announced its partnership with Plug and Play's Travel & Hospitality program, to strengthen its connections with selected startups, enabling the company to accelerate its innovation.


Logistics startup Swvl acquires Volt Lines, enters European market
Published: 29-04-2022 | 13:57:00 | By: Pie Kamau
Swvl Holdings, a global provider of transformative tech-enabled mass transit solutions announced a definitive agreement to acquire Volt Lines, a Turkey-based B2B and Transport as a Service mobility business.


Swedish travel tech startup Acamp acquires Ställpatser, prepares for European expansion
Published: 09-03-2022 | 12:51:00 | By: Pie Kamau
Acamp, the Swedish marketplace connecting campers with landowners, has acquired the popular camping community app, Ställpatser, just weeks after its €2.5 million funding round.


Dutch personal travel assistant startup Origin raises over $5m funding for special, convenient travel experience
Published: 18-01-2022 | 11:37:00 | By: Pie Kamau
Amsterdam-based personal travel assistant startup Origin has raised over $5 million in funding from Project A, Cavalry Ventures and notable angels.


Los Angeles-based healthtech startup Kiira Health raises $4m to transform healthcare for young women
Published: 22-12-2021 | 14:58:00 | By: Pie Kamau
Kiira Health, a Los Angeles-based healthcare technology company, closed a $4 million seed round led by 500 Global and Forum VC.


Luxury Travel Hackers launches equity crowdfunding campaign for their influencer-based travel startup
Published: 22-12-2021 | 14:33:03 | By: Bob Koigi
Luxury Travel Hackers (LTH) has launched their regulation crowdfunding raise via popular platform Start Engine.


Luxury Travel Hackers launches equity crowdfunding campaign for its influencer based travel startup
Published: 22-12-2021 | 14:31:46 | By: Pie Kamau
Luxury Travel Hackers (LTH) has launched its regulation crowdfunding raise via popular platform Start Engine.


Israeli SaaS security startup Atmosec raises $6m seed round to secure SaaS ecosystems
Published: 21-12-2021 | 13:29:00 | By: Pie Kamau
Atmosec, the SaaS security venture, announced its official launch out of stealth as well as the completion of a $6 million seed funding round, led by Glilot Capital Partners and Battery Ventures.


Spa and salon marketplace startup Spa Space raises $3m seed funding to accelerate growth
Published: 21-12-2021 | 13:03:00 | By: Pie Kamau
Spa Space announced the closure of a $3 million seed round of funding. The three-sided vertical marketplace for the spa and salon industries solves the therapist shortage with a wide range of on-demand staffing solutions.


Crypto investment startup Stacked raises $35m to build out regulated products for retail crypto investors
Published: 21-12-2021 | 12:46:00 | By: Pie Kamau
Stacked, a crypto-investing software that allows users to manage assets and invest in pre-built portfolios and strategies, announced it has raised $35 million Series A funding round led by Alameda Research.


Kenyan fintech startup Paylend raises $2m seed investment to accelerate growth
Published: 21-12-2021 | 12:27:00 | By: Pie Kamau
Paylend, a Kenyan fintech startup focused on providing access to finance and digitizing MSMEs in Kenya announced it has raised $2 million seed investment from Next Chymia Consulting HK Limited.


Next Century Ventures announces inaugural investment in U.S.-based Urban Air Mobility startup ANRA Technologies
Published: 21-12-2021 | 12:08:00 | By: Pie Kamau
Next Century Ventures (NCV), announced it has invested in ANRA Technologies, the forerunner of air traffic control and commercial solutions in the Urban Air Mobility (UAM) industry.


TDK Ventures invests in scalable driverless transportation startup Faction
Published: 20-12-2021 | 15:58:43 | By: Pie Kamau
TDK Corporation announced that subsidiary TDK Ventures, has invested in scalable driverless transportation startup company, Faction.


Israeli influencer marketing startup Humanz raises $8m to accelerate growth
Published: 20-12-2021 | 15:46:00 | By: Pie Kamau
Humanz, an AI powered influencer marketing platform that connects influencers & content creators with brands, announced it has closed an $8 million seed round led by the Stardom Ventures fund.


Nigeria tech startups raised $1.7billion in 2021, report
Published: 20-12-2021 | 14:38:00 | By: Pie Kamau
Since the beginning of 2021, Africa-based tech startups have raised more than $2.9 billion with Nigerian startups which are creating new products, services, and platforms raising $1.7 billion of this total or about 60% of it, a new report has found.


Nigeria's Ventures Platform closes first $40m pan-African fund
Published: 20-12-2021 | 14:35:00 | By: Pie Kamau
Nigeria-based Ventures Platform has announced the first close of its $40 million pan-African fund to invest in market-creating innovations across Africa.


Kenyan fintech startup Tanda inks deal with Twiga Foods to enable vendors vend its digital financial services
Published: 20-12-2021 | 14:12:00 | By: Pie Kamau
Kenya’s fintech startup Tanda announced a new partnership with Twiga Foods that will see Twiga vendors become a one-stop-shop for a variety of digital and financial services offered by Tanda.


Medical device startup ViCentra closes €65m Series C funding to expand footprint of insulin pump across Europe
Published: 16-12-2021 | 12:35:00 | By: Pie Kamau
ViCentra, the company behind Kaleido, world's smallest and lightest wearable insulin pump (patch pump), announced the closing of €65 million Series C financing.


Philanthropi startup raises $4m to power charitable giving legacies of everyday donors
Published: 16-12-2021 | 12:16:00 | By: Pie Kamau
Philanthropi, the company revolutionizing charitable giving by democratizing philanthropy through its "giving-as-a-service" platform, announced it raised $4 million in funding from lead investor Amex Ventures.


Africa-focused edtech startup Edukoya raises $3.5m pre-seed round to accelerate growth
Published: 16-12-2021 | 11:43:00 | By: Pie Kamau
Edukoya, an Africa-focused online learning platform, has raised $3.5 million in a pre-seed round led by Target Global with strategic participation from angel investors including European and African founders.


IFC, ADGM launch She Wins Arabia initiative to boost opportunities for women-led startups and businesses across MENA
Published: 16-12-2021 | 10:56:00 | By: Pie Kamau
IFC and Abu Dhabi Global Market (ADGM) launched She Wins Arabia, an initiative to help women-led startups across the MENA region, get the advice, finance, and mentorship they need to grow.


Kenyan tech startup Wowzi raises $3.2m seed funding to expand across Africa
Published: 16-12-2021 | 10:36:00 | By: Pie Kamau
Kenyan tech startup Wowzi has raised $2 million in seed funding to expand its digital marketplace across Africa.


Polymer No-Code DLP closes $4m seed round to protect leakage of sensitive customer data
Published: 15-12-2021 | 14:07:00 | By: Pie Kamau
Polymer, the cloud native No-Code Data Loss Prevention (DLP) solution for third party SaaS platforms, today announced the completion of a $4 million Seed round led by Story Ventures.


Munich-based startup ZenML raises $2.7m to advance open source MLOps framework
Published: 15-12-2021 | 13:42:00 | By: Pie Kamau
ZenML, the creator of the extensible open source Machine Learning Operationalization (MLOps) framework for data scientists, announced it has raised $2.7 million in its seed round led by Crane Venture Partners.


Mental healthcare startup UpLift raises $8m funding to integrate psychiatry into its delivery platform
Published: 15-12-2021 | 12:43:00 | By: Pie Kamau
UpLift, the first vertically integrated mental healthcare delivery system, announced its expansion into psychiatry as well as the closing of $8 million in secondary funding.


Canadian electric vehicle startup eLeapPower raises $21m funding to accelerate initial production and global growth
Published: 15-12-2021 | 12:03:00 | By: Pie Kamau
eLeapPower, a technology innovator revolutionizing electric vehicles inside and outside, with its Smart Inverter System, announced it raised $21 million CAD in Series A funding.


FirstEnergy invests in Venture Capital Fund to help advance sustainable energy innovation
Published: 15-12-2021 | 11:48:48 | By: Pie Kamau
As part of its efforts to advance new technologies that will benefit customers and address climate change, FirstEnergy announced an incremental investment in global venture capital firm Energy Impact Partners' (EIP) Fund II.


[Startup Interview] Roman Bysko, CEO, Meredot, Latvia
Published: 09-12-2021 | 07:41:51 | By: Bob Koigi
Meredot is a Latvia-based mobility infrastructure startup that develops electric fueling stations to charge an e-scooter wirelessly and help cities thrive by resolving mobility issues and maximizing the benefits of micro-mobility. The startup’s Co-founder and CEO elaborates.


U.S. housing technology startup Jupe raises $9.5m seed round to build pop-up shelter system
Published: 08-12-2021 | 14:23:00 | By: Pie Kamau
Housing technology startup Jupe announced $9.5 million in seed funding led by Initialized Capital with participation from Y Combinator. The money will be used to hire a CTO and a wider team of software and hard tech engineers.


Binance Labs leads $1.5m seed round for BBS Network
Published: 08-12-2021 | 14:21:00 | By: Pie Kamau
Binance Labs, the venture capital and incubation arm of Binance, led the $1.5 million seed round for Bulletin Board System (BBS) Network, a decentralized Web3.0 public network of user-run online message boards.


London-based professional networking startup myGwork secures £1.6m for global expansion
Published: 08-12-2021 | 13:54:00 | By: Pie Kamau
myGwork, the global business LGBTQ+ recruitment and networking platform, has secured £1.6 million in the latest funding round led by 24Haymarket to grow its user base and continue with its international expansion plans.


Subscription Management startup Chargebee opens new office and data center in Australia
Published: 08-12-2021 | 13:23:00 | By: Pie Kamau
Chargebee, the subscription management platform, announced it has opened a dedicated office and data center in Sydney, Australia to support SaaS and subscription businesses and ensure APP compliance.


MENA’s media & entertainment startup Minly acquires Dubai’s celebrity shoutout platform Oulo
Published: 08-12-2021 | 13:10:00 | By: Pie Kamau
Minly, the MENA region’s media & entertainment startup, announced the acquisition of Oulo, a Dubai-based celebrity shoutout platform focused on the Levant region.


German indoor positioning tech startup NavVis raises €25m funding to digitize commercial buildings and assets
Published: 07-12-2021 | 15:52:00 | By: Pie Kamau
NavVis, a global leader in end-to-end solutions for reality capture and digital twins, announced it received €25 million of fresh equity funding that complements the recent €20 million debt funding from the EIB.


Netherlands emerging as 'Hottest Tech Hub' in Europe, not reaching its full potential yet, report
Published: 07-12-2021 | 15:31:00 | By: Pie Kamau
Atomico, an international investment firm that focuses on helping disruptive technology companies scale globally, announced that the Netherlands is emerging as Europe's hottest tech hub.


U.S. healthtech startup Vim accelerates growth with opening of offices in New York and Tel Aviv
Published: 07-12-2021 | 15:20:00 | By: Pie Kamau
Vim, a technology company building digital infrastructure for U.S. healthcare, opened a new office in Midtown Manhattan and in Nahalat Yitzhak in Tel Aviv, Israel, to accommodate its rapidly growing workforce.


Egyptian fintech startup KlickIt closes first investment round to further develop its platform
Published: 06-12-2021 | 15:27:25 | By: Pie Kamau
Egyptian fees management and digital collection platform, KlickIt, announced the closing of its first investment round to further develop its platform. The round was led by EFG Finance and Camel Ventures, the venture capital arm of dfin Holdings.


Kenyan-based Penda Health partners with femtech e-Commerce startup Kasha to ease contraceptive access for consumers
Published: 06-12-2021 | 15:16:00 | By: Pie Kamau
Healthcare solution provider Penda Health announced a partnership with Rwandan femtech e-Commerce startup Kasha, to enable increase access to contraceptive products via the Kasha digital platform.


Nigerian B2B e-Commerce startup TradeDepot raises $110m to extend ‘Buy-Now-Pay-Later’ services to African retailers
Published: 06-12-2021 | 14:51:00 | By: Pie Kamau
TradeDepot, the B2B e-Commerce and embedded finance platform in Africa, has raised $110 million in an equity and debt funding round to support the delivery of Buy-Now-Pay-Later services to SME retailers.


Canadian bike-tech startup MyVeloFit secures seed funding to scale up its operations, expand service offering
Published: 01-12-2021 | 14:41:00 | By: Pie Kamau
Canadian bike-tech startup MyVeloFit secured seed funding with Shopify's former Chief Technology Officer Cody Fauser leading the investment.


TDK Ventures backs innovative nanomaterials coating technology startup, actnano
Published: 01-12-2021 | 14:23:00 | By: Pie Kamau
TDK Ventures has invested in the Series B financing of actnano, a nanomaterials technology company that is setting new standards for electronics protection with its water and environmental-resistant smart coating solutions.


South Korean AI optimization startup Nota raises $14.7m series B to expand its global business
Published: 01-12-2021 | 14:05:00 | By: Pie Kamau
Nota, an AI optimization platform startup, acquired series B funding amounting to $14.7 million that is announcing. The series B funding was finalized last month, a year after the series A funding of $6.7 million.


Danish healthtech startup Dawn Health raises $25m investment to revolutionize digitalization of global life science industry
Published: 01-12-2021 | 13:39:00 | By: Pie Kamau
Dawn Health, a global leader in digital health, received $25 million investment from a consortium of highly experienced investors.


Tōquidity secures seed round investment from Global Blockchain Ventures Fund
Published: 01-12-2021 | 13:16:00 | By: Pie Kamau
Tōquidity, a Tokenization as a Service company that unlocks liquidity for business and asset owners through digitization, announced Global Blockchain Ventures Fund, LP (GBV) has filled Tōquidity's seed round of funding.


Toronto-based mobility startup Treepz expands to East Africa, acquires Uganda's Ugabus
Published: 24-11-2021 | 07:40:00 | By: Pie Kamau
In a bid to digitize the public transportation system and provide safer, reliable and comfortable commute options across Africa, Toronto-based shared mobility company Treepz, announced its acquisition of a similar Ugandan bus company Ugabus.


Travel adventure startup YouTravel.Me raises $1m to strengthen its position in the US
Published: 07-09-2021 | 15:29:00 | By: Pie Kamau
YouTravel.Me, an algorithm-powered online platform for booking small group adventure travel organized by travel experts, announced it has secured $1 million in funding.


Travel blockchain startup travelBloc.ai files CO2 & flight safety patents
Published: 12-05-2021 | 11:40:00 | By: Pie Kamau
Silicon Valley travel blockchain startup travelBloc.ai reinventing travel solutions for today's tech savvy traveler, leveraging AI & Blockchain based innovation that will disrupt status quo and improve the traveler experience.


Crypto-native startup Travala.com partners with Viator, adds over 400,000 tours and activities worldwide
Published: 19-03-2021 | 12:48:00 | By: Pie Kamau
Travala.com, the blockchain-based travel booking platform, announced a strategic collaboration with Viator, a Tripadvisor company and leading resource for tours and activities worldwide.


Together-Travel startup Launchtrip raises $3.8m seed investment
Published: 18-03-2021 | 13:17:00 | By: Pie Kamau
World's first Together-Travel startup Launchtrip, announced the close of its seed investment round totaling $3.8 million, including funding raised by Axis Capital.


Startup studio 1888EC partners with Mastercard Foundation to create digital solutions for tourism sector in Ethiopia
Published: 09-02-2021 | 13:18:00 | By: Pie Kamau
Startup studio 1888EC announced a partnership with the Mastercard Foundation to create Ethiopia's first travel and leisure platform aimed at creating digital solutions and job opportunities within the contry's tourism sector.


Seattle-based traveltech startup Cabana rolls out new offerings, expands operations to California
Published: 28-01-2021 | 11:13:00 | By: Pie Kamau
Cabana, the Seattle-based traveltech startup reinventing how people travel through its fleet of luxe mobile hotels, is rolling out enhanced offerings to its customers in Seattle and soon to its newest market, Los Angeles.


Ntuple launches Korea railroad ticketing system in Google Maps
Published: 11-01-2021 | 14:30:45 | By: Bob Koigi
Ntuple, a South Korean tech startup that focuses on backend technology has announced that it launched the Korea railroad ticketing service ‘ga-G’ in Google maps.


Dublin-based travel tech startup TripAdmit secures €500,000 funding for international expansion
Published: 05-11-2020 | 15:51:00 | By: Pie Kamau
TripAdmit, Dublin based travel tech startup that provides sales and distribution solutions for tours and activities, has secured €500,000 funding from investors, including the backing of Enterprise Ireland’s High Potential Start Up unit.


Travel booking startup Tripbnb.com uses AI to link travelers and accommodation quickly
Published: 04-11-2020 | 10:53:00 | By: Pie Kamau
Taiwanese travel booking startup Tripbnb.com is helping domestic accommodation providers draw up new business strategies and the country's travel industry had to enhance their technical standards with AI-based systems.


FedEx invests in 200 small businesses in its grants programme
Published: 08-10-2020 | 15:06:00 | By: Bob Koigi
Global delivery services company FedEx Corp. has announced the completion of the company’s #SupportSmall Grants programme.


Swedish startup Voi steps up its safety game with next generation scooter
Published: 25-08-2020 | 15:07:30 | By: Pie Kamau
Swedish startup Voi unveiled its safest ever scooter model - Voiager 4 - the world’s first sharing scooter with indicators, allowing riders to alert other road users.


Traveltech startup Omio raises $100m to strengthen position as global travel platform
Published: 19-08-2020 | 14:40:00 | By: Pie Kamau
Omio, formerly GoEuro, Europe’s leading multi-modal travel booking platform, announced it has secured $100 million in investments from existing and new investors.


German traveltech startup Omio launches 'Open Travel Index' to navigate new travel era
Published: 19-08-2020 | 14:23:00 | By: Pie Kamau
Europe’s leading multi-modal travel booking platform Omio is reigniting travel by launching a new online resource to help travellers easily understand where they can travel to within Europe.