The travel technology sector has seen a drop in its investment climate. According to a report by Phocuswright, travel funding decreased from $12 billion in 2022 to $4.6 billion in 2023. The start of 2024 has also been slow with only $1.7 billion raised by the end of May. However, investment experts see the dip as an indication of a more stable and possibly healthier market in the future, according to Gaurav Tuli, a partner at F-Prime Capital.
Boutique Travel VC raises investment cap from $1.5M to $10M to lead rounds and support portfolio companies through growth Travel...
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