Air France-KLM Acquires Minority Stake in Canada’s WestJet
Air France-KLM has finalized its purchase of a 2.3% stake in Canada’s WestJet, strengthening transatlantic ties and expanding strategic airline partnerships.
Venture Capital
Track the funding shaping the future of travel with TravelCapybara’s Venture Capital section. We cover the investors, startups, and financial trends driving innovation across travel, tourism, and hospitality. From early-stage funding rounds to major acquisitions, our reporting highlights where the money is flowing—and why it matters. Whether you’re an investor, entrepreneur, or industry leader, our insights reveal the key players and bold ideas fueling the next wave of travel disruption.
Navan Files for IPO: Travel Unicorn Steps Into the Public Market
Navan, the travel and expense management unicorn formerly known as TripActions, has filed for an IPO, revealing rapid growth, heavy investment in AI, and the challenges of turning profitability in a competitive market.
Direct Travel Set to Acquire ATPI, Forming $6 Billion Powerhouse in Agency Business
Direct Travel plans to acquire ATPI, bringing together two major travel agencies to create a powerhouse with combined revenue approaching US$6 billion and enhanced global reach.
Oyo Parent Rebrands as Prism Ahead of Fresh IPO Plans
By
Yuliya Karotkaya
• 3 mins read
Oravel Stays, the parent of OYO, has rebranded to Prism to reflect its evolution into a diversified global hospitality and tech group ahead of its planned IPO.
TBO Tek Acquires Classic Vacations for $125 Million to Boost U.S. Luxury Travel
By
Yuliya Karotkaya
• 3 mins read
TBO Tek has acquired Classic Vacations for $125 million, gaining access to the U.S. luxury leisure travel market and positioning itself as a key player in high-end global travel distribution.
JTB Corp. to Acquire Northstar Travel Group, Expanding Its Reach in Global Travel Media
By
Yuliya Karotkaya
• 3 mins read
JTB Corporation has signed a definitive agreement to acquire Northstar Travel Group, aiming to expand into B2B media, events, and market intelligence while preserving the brand’s independence.
OYO Forces Ahead with IPO Plans This November, Targeting $7–8 Billion Valuation
By
Yuliya Karotkaya
• 2 mins read
OYO is making a third attempt to go public, planning to file its Draft Red Herring Prospectus (DRHP) in November 2025 with a valuation goal of $7–8 billion – approximately 25-30 times its EBITDA – as investment banks and SoftBank weigh in.
Soho House to Go Private in $2.7B Deal Led by MCR Hotels, Ashton Kutcher to Join Board
By
Yuliya Karotkaya
• 2 mins read
Soho House is set to go private in a $2.7 billion takeover by MCR Hotels, delivering a 17.8% premium to shareholders. Actor Ashton Kutcher will join the board, while founder Nick Jones and Yucaipa retain majority control.
Folio Raises $14M Series A to Revolutionize Financial Operations in Hospitality
By
Yuliya Karotkaya
• 2 mins read
Folio, a startup streamlining financial operations for hotels, has raised $14 million in Series A funding to expand its AI-powered platform across the hospitality sector.
Truely Raises $2M to Expand Seamless eSIM Tech for Global Travellers
By
Yuliya Karotkaya
• 2 mins read
Singapore traveltech startup Truely has raised $2 million to scale its switchless mobile connectivity solution for international travellers.
Travel Tech Brands Raise Over $110M as Innovation in Business and Leisure Travel Accelerates
By
Staff Writer
• 3 mins read
Six global travel tech startups have raised over $110 million, signalling strong momentum for smarter, more sustainable travel experiences.