Funding

Byway Funding News – London-based Byway raises €5.9 Million Series A Funding

Jul 10, 2024 | By Team SR

travel tech startup Byway has raised €5.9 million in an oversubscribed Series A funding round led by Heartcore Capital, with participation from Eka Ventures and re-investing Byway angels.

SUMMARY

  • travel tech startup Byway has raised €5.9 million in an oversubscribed Series A funding round led by Heartcore Capital
  • Founded in 2020, Byway offers joyful holidays by train, boat and bus, full of under-the-radar en-route stops, locally-owned stays, and tips for local experiences away from the beaten path.

Not only will this investment in Byway bring huge opportunities to further the future of flight-free, by expanding our technology, team (keep an eye out for job announcements!) and regional offerings – but it also means have two more wonderful supporters of mission to make flight-free mainstream. The funding will be utilised to propel Byway's growth into new areas and to quicken the development of its innovative journey-planning system, JourneyAI.

Read also - Nala Funding News – Nala Raises $40M in Series A Funding

“It was a delight to experience such overwhelming interest from investors enthusiastic about the future of flight-free travel when raising our Series A. I’m thrilled that in Heartcore and Eka we’ve found partners who believe in the joy of journey-based holidays and the potential of JourneyAI to change travel for the better,” said Cat Jones, CEO and Founder of Byway.

Max Niederhofer, General Partner of Heartcore Capital, added: “Heartcore has been investing in world-class founders building the future of travel for over a decade. We felt called to support Byway’s mission to make tourism both more fulfilling and sustainable, and believe that its technology will become a key pillar for the next generation of online travel. We are thrilled to be supporting another world-class European team in travel and particularly love Byway’s collaborative, supportive, and holistic mission-driven culture.”

About Byway

Founded in 2020, Byway offers joyful holidays by train, boat and bus, full of under-the-radar en-route stops, locally-owned stays, and tips for local experiences away from the beaten path. Byway helps you savour the experience of travelling slowly through a region, with none of the hassle of planning and booking it yourself. WhatsApp support throughout and a full Covid refund guarantee are included.

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