Frontier Airlines' all-you-can-fly GoWild! Pass has been tempting travelers with flexible travel plans for almost a year. For a $599 annual fee for new members, your GoWild! Pass grants you unlimited flights to anywhere Frontier flies.
Lightship Raises $34 Million for Electric RV
20.01.2024 - 17:19 / skift.com / Justin Dawes
Six travel startups announced fundraises of more than $208 million this week.
>>Lightship, which is developing a fully electric RV, has raised $34 million in series B funding.
It was co-led by Obvious Ventures and Prelude Ventures, with support from Allegis Capital, THOR Industries, TechNexus Venture Collaborative, Congruent Ventures, HyperGuap, and Alumni Ventures.
The company raised $23 million series A round in 2022.
The San Francisco-based startup said its product, the Lightship L1, is being built with a large energy storage system, an electric motor, and enough solar power capabilities to keep the vehicle charged for a week.
The next step is building the manufacturing system and supply chain, followed by pilot manufacturing later this year at its new production facility in Colorado.
Production is expected to begin in late 2024, according to the website.
Customers can join the waitlist for a refundable deposit of $500. The RV price begins at $125,000.
Lightship also says its technology could enable the electrification of pickup trucks and SUVs.
Myrealtrip, a South Korean travel booking app, has raised $56.7 million in a series F equity round.
BlueRun Ventures Korea and IMM Investment co-led the round, with support from Korelya Capital, Altos Ventures, Partech Partners, Smilegate, and SV Investment.
The company said it has now raised about $113 million in equity and $39 million in debt since it was founded in 2012.
The Seoul-based app provides booking services for flights, accommodations, activities, and ground transportation. The company said it has 7.9 million users in South Korea.
Donggun Lee, CEO of Myrealtrip, told TechCrunch that the company plans to invest more in technology ahead of a planned initial public offering in 2026.
Tumodo, a platform for booking business travel, has raised $35 million in pre-seed funding led by angel investors in the Middle East and North Africa.
The Dubai-based company said client businesses can use the platform to book flights and hotels for several hundred employees, and clients can integrate it into their human resources software. The startup is also developing a AI trip planning for the platform.
Tumodo is connected to all major distribution systems and global hotel chains, the company said, giving clients access to more than 400 airlines and more than 2 million lodging options.
The company has more than 100 clients in the Middle East and North Africa.
The funding will go toward expansion in the UAE market and further into the Middle East and North Africa, with plans to be present in more than 25 countries by 2026.
Overmoon, a new vacation rental platform, has raised $80 million in funding. That includes $10 million in venture capital, $30 million in
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