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Travel startup investments 2018 - a year in review

12/17/2018| 8:50:57 PM| 中文

The growth rate of funding to travel startups has contracted each of the last three years, companies in Asia Pacific have now raised the most money.

Despite the powerful presence of established players, many of which have seemingly cornered various sectors, the eagerness to support new businesses never appears to subside in travel.

More than 350 individual investments have been placed into travel-related startups over the course of 2018.

These range from seed, venture and angel rounds to late-stage, Series E and F investments into businesses with already eye-watering levels of funding behind them.

PhocusWire's sister brand Phocuswright has spent the past ten years tracking some 1,800 (and counting) travel startups.

Its latest report (released in November) finds that travel startups founded between 2008 and the first half of 2018 have seen $19 billion come their way through either funding rounds or acquisitions.

And there have already been a number of significant rounds announced since its release.

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TAGS: tours and activities | TMC | travel startup | investment and acquisition
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