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Lightship Raises $34 Million for Electrical RV

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Six journey startups introduced fundraises of greater than $208 million this week.

>>Lightship, which is creating a totally electrical RV, has raised $34 million in collection B funding. 

It was co-led by Apparent Ventures and Prelude Ventures, with help from Allegis Capital, THOR Industries, TechNexus Enterprise Collaborative, Congruent Ventures, HyperGuap, and Alumni Ventures.

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The corporate raised $23 million collection A spherical in 2022.

The San Francisco-based startup stated its product, the Lightship L1, is being constructed with a big power storage system, an electrical motor, and sufficient solar energy capabilities to maintain the car charged for every week.

The subsequent step is constructing the manufacturing system and provide chain, adopted by pilot manufacturing later this yr at its new manufacturing facility in Colorado.

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Manufacturing is anticipated to start in late 2024, in keeping with the web site. 

Clients can be a part of the waitlist for a refundable deposit of $500. The RV value begins at $125,000.

Lightship additionally says its expertise might allow the electrification of pickup vehicles and SUVs.

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Myrealtrip: $56.7 Million

Myrealtrip, a South Korean journey reserving app, has raised $56.7 million in a collection F fairness spherical.

BlueRun Ventures Korea and IMM Funding co-led the spherical, with help from Korelya Capital, Altos Ventures, Partech Companions, Smilegate, and SV Funding.

The corporate stated it has now raised about $113 million in fairness and $39 million in debt because it was based in 2012.

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The Seoul-based app offers reserving providers for flights, lodging, actions, and floor transportation. The corporate stated it has 7.9 million customers in South Korea.

Donggun Lee, CEO of Myrealtrip, advised TechCrunch that the corporate plans to take a position extra in expertise forward of a deliberate preliminary public providing in 2026. 

Tumodo: $35 Million

Tumodo, a platform for reserving enterprise journey, has raised $35 million in pre-seed funding led by angel buyers within the Center East and North Africa. 

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The Dubai-based firm stated consumer companies can use the platform to ebook flights and resorts for a number of hundred staff, and shoppers can combine it into their human assets software program. The startup can be creating a AI journey planning for the platform. 

Tumodo is linked to all main distribution methods and world lodge chains, the corporate stated, giving shoppers entry to greater than 400 airways and greater than 2 million lodging choices. 

The corporate has greater than 100 shoppers within the Center East and North Africa.

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The funding will go towards enlargement within the UAE market and additional into the Center East and North Africa, with plans to be current in additional than 25 international locations by 2026.

Overmoon: $80 Million

Overmoon, a brand new trip rental platform, has raised $80 million in funding. That features $10 million in enterprise capital, $30 million in actual property fairness for residence down funds, and $40 million in debt financing. 

The enterprise capital got here from NFX, Khosla Ventures, Camber Creek, 1Sharpe, Sunsar Capital, and others. 

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San Francisco-based Overmoon stated it owns each residence on its platform and has plans to buy extra properties all over the world. Its web site reveals about 20 properties in Florida and Tennessee. 

By way of a partnership with Flock, Overmoon additionally gives residence house owners the power to trade their properties, tax-free, for shares in a residential actual property fund. Overmoon would then deal with bookings and property administration. That permits house owners to proceed incomes revenue from the short-term rental enterprise — meant as an alternative choice to managing the property themselves or promoting it.

FlyORO: $1.6 Million

FlyORO, a renewable jet gas startup, has raised $1.6 million in pre-series A funding.

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Audacy Ventures led the spherical, with help from Investible and personal buyers.

Singapore-based FlyORO stated its proprietary tools mixes renewable jet fuels with conventional gas, which is supposed to simplify the jet gas provide chain and make it simpler for airways to combine next-generation fuels as they turn into accessible. 

The 40-foot piece of kit may be positioned at an airport and might mix as much as 960,000 liters of gas every day, the startup stated.

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The funding will go towards enlargement within the U.S. and Australia.

Runnr.ai: $1.1 Million

Runnr.ai, which offers visitor communication software program to resorts, has raised $1.1 million (€𝟭 million).

Traders embrace Arches Capital and particular person buyers Roland Zeller, Marnix van der Ploeg, and Hans Pieters.

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Netherlands-based Runnr.ai gives a chatbot that lodge visitors can work together with as a primary line of communication. Accommodations could make the software accessible via WhatsApp or different communication channels. 

The corporate has added greater than 100 resorts as shoppers within the final yr, in keeping with a LinkedIn submit from Runnr.ai CEO Michiel de Vor.

Firm Stage Lead Increase
Lightship Collection B Apparent Ventures and Prelude Ventures $34 million
Myrealtrip Collection F BlueRun Ventures Korea and IMM Funding $56.7 million
Tumodo Pre-seed Undisclosed $35 million
Overmoon Unspecified Unspecified $80 million
FlyORO Pre-series A Audacy Ventures $1.6 million
Runnr.ai Unspecified Unspecified $1.1 million

Skift Cheat Sheet

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Seed capital is cash used to start out a enterprise, typically led by angel buyers and associates or household.

Collection A financing is often drawn from enterprise capitalists. The spherical goals to assist a startup’s founders be sure that their product is one thing that prospects really need to purchase.

Collection B financing is especially about enterprise capitalist corporations serving to an organization develop sooner. These fundraising rounds can help in recruiting expert employees and creating cost-effective advertising.

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Collection C financing is ordinarily about serving to an organization broaden, comparable to via acquisitions. Along with VCs, hedge funds, funding banks, and personal fairness corporations typically take part.

Collection D, E, and, past These primarily mature companies and the funding spherical could assist an organization put together to go public or be acquired. Quite a lot of kinds of personal buyers may take part.

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