The 16 Largest Global Startup Funding Rounds of January 2024 – AlleyWatch alleywatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from alleywatch.com Daily Mail and Mail on Sunday newspapers.
Brazil s Travel Tech Scene Is Blossoming Despite the Pandemic skift.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from skift.com Daily Mail and Mail on Sunday newspapers.
Updated
Happy Friday!
This week, our research team tracked more than 75 tech funding deals worth more than €1.9 billion, and about 20 exits, M&A transactions, and rumours, and related news stories across Europe, including Russia, Israel, and Turkey.
As always, we are putting all of them together for you in a handy list sent in our round-up newsletter (note: the full list is for paying customers only).
Recently, we also started publishing Today in European Tech , a daily round-up of deals and news stories that caught our attention.
Keeping you updated on all things EU tech is our priority!
Today, instead of a daily round-up we give you an overview of the 10 biggest European tech news items for the past week (subscribe to our free newsletter to get this round-up in your inbox every Monday morning).
And it s not the only business travel platform picking up large sums of cash. In January, California-based TripActions raised $155 million at a $5 billion valuation, up from $4 billion in mid-2019. TravelPerk declined to disclose its valuation but CEO and co-founder Avi Meir said the deal was agreed on favorable terms for the start-up and its investors. The reality is travel is coming back, Meir told CNBC in an interview on Thursday. It s not a belief anymore, it s actually visible in the numbers.
In the U.S., for example, TravelPerk has seen a 70-75% recovery in domestic flights compared to pre-pandemic levels, Meir said. Most flights are not 100% full yet but we re talking about an industry that was 10-15% exactly one year ago, he added. Going from 10-15% of baseline to 75% shows the trend is definitely up.