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Mews, the hotel SaaS startup, books $110M at a $1.2B valuation

Tourism continues to bounce back in the wake of COVID-19, with 2023 raking in $2.23 trillion globally, surpassing pre-pandemic levels for the first time since 2020. That’s having a big knock-on

Mews books $185M for its SaaS-based hotel management platform

The COVID-19 pandemic ground travel and tourism to a halt, but as those sectors pick up speed again, so too are the more promising startups in them raising money to keep up. Today, a startup called Me

TravelPerk adds $115M to equity and debt Series D, discloses unicorn valuation

SME-focused business travel booking platform TravelPerk has topped up the $160 million in equity and debt it raised last in a Series D last April with an additional $115 million — closing out th

Self-driving startup Vay to launch commercial teledriven service in Hamburg in 2022

Vay, a company that is trying to get self-driving car services to market faster by pursuing a teledriven approach, has raised a $95 million Series B round to help it launch its first commercial servic

N!CK’S grabs $100M to create better-for-you snacks

The new funding will accelerate the company’s goal of doubling its stores in the U.S. and Europe.

Sure raises $100M at a $550M valuation to help companies launch insurance products with its ‘flexible’ APIs

Sure, an insurance infrastructure startup, announced today that it has closed on $100 million in Series C funding at a $550 million valuation. New York-based Declaration Partners and European growth i

Expenses startup Pleo preps $100M Series C funding, launches new bill payments service

Late-stage fintech startup Pleo, which offers expense management tools and “smart” company Mastercards, says it plans to raise a Series C round of funding this summer. It’s also launchin

Vivino raises $155 million for wine recommendation and marketplace app

If you’re at all interested in wine, chances are you’ve turned to Vivino at least a few times for recommendations. The app and the company behind it have been helping people enjoy better w

HungryPanda raises $70M for a food delivery app aimed at overseas Chinese consumers

Food delivery apps have been a big deal this year both for consumers stuck at home and unable (or unwilling) to go to restaurants or grocery stores, and for investors who are eyeing the opportunity to

Omio takes $100M to shuttle through the coronavirus crisis

Multimodal travel platform Omio (formerly GoEuro) has raised $100M in late stage funding to help see its business through the coronavirus crisis. It also says it’s eyeing potential M&A oppor

On a growth tear, work trip SaaS TravelPerk adds $60M to its Series C

Business travel SaaS startup, TravelPerk, has announced it’s more than doubled the $44M Series C round we wrote about just nine months ago — taking in a further $60M from its existing inve

Pleo, the multi-card business spending platform, closes $56M Series B

Pleo, the Danish fintech that offers a “business spending platform” that lets companies easily issue employees with cards and manage expenditure, has raised a hefty $56 million in Series B

TravelPerk grabs $44M to take its pain-free SaaS for business travel global

Only six months ago Barcelona-based TravelPerk bagged a $21 million Series B, off the back of strong momentum for a software as a service platform designed to take a Slack-like chunk out of the admin

Africa Roundup: Uber says it’s staying, Konga could be epic startup fail

Despite exit rumors and quitting Morocco, Uber is staying in Africa, according to its General Manager for Sub-Saharan Africa, Alon Lits. Speculation Uber could leave the continent surfaced late last

Rocket Internet’s Glossybox acquired by UK ecommerce platform player, THG

Glossybox, a BirchBox clone launched by the Samwer brothers back in 2011 to deliver willing consumers a monthly subscription of beauty products, has been acquired by UK online retailer and ecommerce p

Iroko launches IrokoX online network to showcase Africa’s creative talent

Jake Bright Contributor Share on X Jake Bright is a writer, author and advisor with a focus on global business, politics, and technology. From 2017 to 2020, he was a contributing writer and advisor at

India’s Quikr snaps up Hiree to grow its recruitment service

Indian classifieds startup Quikr has made an undisclosed acquisition to grow its recruitment business.

Rocket Internet’s GFG closes $365M down round as external investors shy away

Global Fashion Group (GFG), the umbrella group that manages Rocket Internet-backed online fashion businesses worldwide, has added €30 million ($33 million) to a €300 million round that it announce

Nigerian e-commerce site, DealDey, gets acquired by Ringier

Ringier Africa Deals Group, a joint venture between Swiss Ringier Africa AG and South African Silvertree Internet Holdings Ltd., acquired Nigerian online shopping startup DealDey for an undisclosed am

Zappos-Style Fashion Portal Zalando To File For $657M IPO In Frankfurt In 2014

Rocket Internet, the Berlin-based global e-commerce incubator, is widely believed to be preparing to go public, but in the meantime, Zalando, a Zappos-style European fashion portal with 13.5 million a
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