Skift Take
— Justin Dawes
It’s been a huge couple of weeks for travel startups. Eight of them announced $1.1 billion in funding over the past two weeks.
Most of that came from Wayve, which raised just over $1 billion for its robotaxi technology. Other significant raises — though not as high as $1 billion — went to companies in travel insurance and renewable jet fuel. And some smaller fundings went to a new luggage brand and a company 3D printing interior airplane components.
Wayve: $1 Billion
Wayve, which is testing self-driving cars meant for ride-hailing and other purposes, has raised $1.05 billion in a series C funding.
The round was led by SoftBank Group, with support from Microsoft and AI chip company Nvidia.
Some of…