Still Soaring: Travel Tech Deals Hit A Record High Last Year
Q1'17 was the third quarter ever to see funding to travel tech companies reach above $1B.
Q1'17 was the third quarter ever to see funding to travel tech companies reach above $1B.
Airbnb's newest patent also moves it into the global connectivity race with an approach different to that of Facebook and Google.
From Magic Leap to Zoox to Numecent, we used the CB Insights database to uncover more details about these covert startups.
Advances in transportation and mobility are changing the way people get around, and these five startups are leading the way.
At least nine investors helped back Skyscanner before the acquisition, including Sequoia Capital.
There was a pull back in Q3'16, however. Skyscanner has raised the most money of all of Europe's travel tech startups.
Airbnb has backing from a half-dozen top VCs, including Sequoia, KPCB, and Greylock.
Tencent tops the list of most active corporates in travel tech. Tencent's recent bets include balloon travel company World View.
There have already been 18 travel tech exits, including one IPO.
Deal count to travel tech startups involving crossovers is on track to come in at roughly half of last year's total.
500 Startups tops the list as the most active VC investor in travel tech companies since 2012, with over 15 unique travel tech investments.