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More travel executives get their mission-critical industry news from Skift than any other source on the planet.Tell me more Technology gives the travel sector a chance to retool itself, and many startups could help the industry make the most of its coming, phased recovery from the pandemic. Yet there’s a problem. Startup founders may be inventive technologists, but they often lack a grasp of the travel sector’s commercial contours. Naivete and inexperience can open a chasm between startups and corporate customers, preventing many travel companies from widely adopting innovations. Today’...

The new venture fund, called Team ABC, will invest in early-stage travel tech startups focusing on sustainability and digital transformation. An international venture capital fund, called Team ABC, that invests in sustainability and digital transformation in the transportation and tourism industries, has announced its official launch. The company describes itself as a new international fund which “supports and scales early-stage disruptive technology companies focused on increasing the sustainability and digital transformation of air, land and sea trade and travel”. The venture capital f...