Byway, a travel tech startup and B Corporation championing flight-free travel, has raised €5.9 million in an oversubscribed Series A funding round led by Heartcore Capital, with participation from Eka Ventures and re-investing Byway angels. The funds will be used to accelerate the development of Byway’s unique journey-planning technology, JourneyAI, and to fuel its expansion into new regions.
As the demand for sustainable travel continues to grow (76% want to travel more sustainably 1 and 47% plan to fly less 2), Byway is pushing for making flight-free holidays mainstream. Since its launch in March 2020, Byway has grown three times year-on-year. With an average carbon saving of 718kg per trip, Byway’s customers have saved 3,045…