As Andreessen Horowitz highlights in one of the stories in this newsletter, some sectors such as healthcare and education have been somewhat immune to disruption. Travel, on the other hand, has been particularly hospitable to entrepreneurs and innovation. Thousands of startups around the world are working on new solutions to improve every single element of the travel journey. Venture capital financing has been instrumental in driving this innovation forward. The Lufthansa Innovation Hub report shows VC investment in the travel & mobility sector growing from $0.2 billion in 2010 (1% share of overall VC investment across all markets) to $44 billion in 2018 (18% share). Exciting times for the Travel Tech sector.
Travel Tech Essentialist #11: Follow the Money
Travel Tech Essentialist #11: Follow the…
Travel Tech Essentialist #11: Follow the Money
As Andreessen Horowitz highlights in one of the stories in this newsletter, some sectors such as healthcare and education have been somewhat immune to disruption. Travel, on the other hand, has been particularly hospitable to entrepreneurs and innovation. Thousands of startups around the world are working on new solutions to improve every single element of the travel journey. Venture capital financing has been instrumental in driving this innovation forward. The Lufthansa Innovation Hub report shows VC investment in the travel & mobility sector growing from $0.2 billion in 2010 (1% share of overall VC investment across all markets) to $44 billion in 2018 (18% share). Exciting times for the Travel Tech sector.