Hotel digital twin company Hotelverse, a PhocusWire Hot 25 Travel Startup for 2023, has closed its Series A fundraise with a €5 million investment to bolster technology development and foster expansion.
The round was led by GED Conexo Ventures, with participation from Faraday Venture Partners and Eoniq Fund and also from existing partners Sabadell VC and Archipelago Next.
Hotelverse creates “digital twins” of properties to allow travelers to virtually walk through a room, for example to understand the view or how much sunlight it receives, and then select the room of their choice during the booking process.
The company said the solution not only improves the guest experience but it can also…