In an exclusive update to EU-Startups, Eindhoven-based Maps Untold, a TravelTech startup, has raised €350k in funding to officially launch its AI-powered personalised city guide platform in two months time.
The round saw participation from Rabobank and the Leisure Ontwikkel Fonds, and the funds will be used to complete the company’s minimum marketable product, expand its user base, and validate its scalable business model.
“We’re using this funding primarily to finalise our minimum marketable product, scale in users and validate our business model also on scalability,” Founder Dennis van Ravenstein told EU-Startups. “Additionally, we’re enhancing our data infrastructure and algorithms to ensure comprehensive coverage across Europe and beyond.”
Founded in 2021 by Dennis van Ravenstein and Gabriella Gomes Branco, Maps Untold is taking on traditional players like Tripadvisor by delivering hyper-personalised travel recommendations, removing the clutter of generic ‘top…
