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HomeTravel StartupsBreeze Airways Raises $200 Million: Travel Startup Funding This Week

Breeze Airways Raises $200 Million: Travel Startup Funding This Week

This week, travel startups announced more than $393 million in funding.

>>Breeze Airways, a budget airline in the U.S., closed $200 million in additional Series B equity funding.

Entities managed by BlackRock and Knighthead Capital Management led the round. The startup, led by former JetBlue founder David Neeleman, has raised more than $300 million in total.

The low-cost carrier will first serve smaller U.S. cities, such as Tulsa, Oklahoma, and Louisville, Kentucky. The goal is to fill gaps left by the larger network carriers. For more context, read this analysis piece in Airline Weekly.

>>Hopper, an online travel company, said it had raised $175 million Series G round of equity financing, led by private equity firm GPI. The investment set up the Montreal-based company for an eventual move of going public, perhaps next year. See Skift’s story on Hopper’s latest financing.

>>Travel Funders Network has collected at least $50 million in funding from private equity firm Court…

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