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Each week we round up travel startups that have recently received or announced funding. Please email Senior Travel Tech Editor Sean O Neill at
so@skift.com if you have funding news.
This week, travel startups announced receiving more than $68 million in investment.
Selina, a hospitality startup, has been provided a $35 million mezzanine facility from IDB Invest, a member of the Inter-American Development Bank Group, and a $15 million loan from Blue like an Orange Sustainable Capital.
The investment goal is to support the continuity of the Panama-based company’s expansion plans in Latin America and the Caribbean, the organizations said in a statement.
ADB Joins 11 Leading Multilateral Development Banks and IMF in Launching First Joint Report on Financing SDGs
adb.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adb.org Daily Mail and Mail on Sunday newspapers.
IDB Invest provides a $50 million mezzanine facility for Selina
hospitalitynet.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hospitalitynet.org Daily Mail and Mail on Sunday newspapers.