We are thrilled about closing our latest round of fundraising. This marks a significant milestone on our journey to help every traveler discover the joys of cruising. We are grateful for the support of our incredible investors, who share our passion for revolutionizing the cruise booking process, and our exceptional team, who continually push boundaries to deliver unparalleled value. Thank you to all involved in Cruisebound’s journey—this is just the beginning! https://bit.ly/3C627yd
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??Sameer Mehta ??boAt Lifestyle ????boAt In Talks To Raise Funds, Eyes IPO In The Next 12-18 Months???? ????boAt slipped into the red for the first time in FY23, clocking a net loss of INR 129.4 Cr against a net profit of INR 68.7 Cr in FY22???? ??Resilience and Ambition: Despite challenges, boAt's plans to raise funds and aim for an IPO within 12-18 months showcase their resilience and unwavering ambition. ??Turning Setbacks into Opportunities: boAt’s journey from a net loss to eyeing an IPO highlights the power of perseverance and strategic planning in overcoming setbacks. ??Future-Focused: BoAt's commitment to growth, even in tough times, is a testament to their forward-thinking mindset and dedication to innovation. ??Leadership in Adversity: By navigating financial challenges with a clear vision, boAt exemplifies strong leadership and the ability to adapt and thrive in a dynamic market. ??Share Your Startup Story ???? https://lnkd.in/ggir3Qap ??visite our website?? https://lnkd.in/dad4nHP4 #ResilientGrowth #FutureFocused #LeadershipInAdversity #boAtJourney #scoopearth
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VCLink's Daily Round Report (Part 3) 17. Cruisebound, Inc., a travel platform, announced $13 million in new funding led by Thayer Ventures, with participation from Link Ventures, PAR Capital, Flybridge, and individuals like Jeff Boyd and Steve Kaufer. https://lnkd.in/emdCVN-F 18. Mike Kelland's Planetary Technologies, a carbon removal company focusing on ocean-based solutions, has raised $11.35M in its Series A led by Evok Innovations, with contributions from BDC Capital, Amplify Capital, DNX Ventures, and Iconiq Capital. https://lnkd.in/eNy6abJm 19. Infinite Machine, known for its premium cyberpunk-style electric scooters, has raised $9 million in a seed round from Andreessen Horowitz’s American Dynamism team. Adjacent, Necessary Ventures, and founders from Reformation, Replit, and Hugging Face also contributed. https://lnkd.in/egfgbwa6 20. Vara, an AI-driven mammogram screening platform already used in 40% of Germany's breast cancer screenings, has raised $8.9 million for global expansion into markets like India. IBB Ventures and Smart Family Office participated in this funding round to further advance preventive care. https://lnkd.in/eiiyQpaR 21. Auquan, an AI-based data analytics company, has raised $4.5 million in new seed funding, bringing its total seed funding to $8 million. Peak XV Partners's Surge led the round, with Neotribe Ventures participating. The funds will further expand engineering and AI advancements for clients like UBS and BC Partners. https://lnkd.in/eZNPsiDG 22. Final Boss Sour, a foodtech startup creating gaming-themed sour snacks, has raised $3 million in seed funding led by Science. This funding will support its continued growth in the healthy snack space. https://lnkd.in/eeZc_XxC 23. Markus Prommik's Finfra, Indonesia’s leading lending infrastructure provider, has raised $2.5 million led by Cento Ventures. Accion Venture Lab and Z Venture Capital also participated, supporting MSMEs with embedded lending solutions in Southeast Asia. https://lnkd.in/e_MV-pBs 24. Amra Dorjbayar's Wobby, an AI-powered platform fighting misinformation, has raised $1.2 million in seed funding from Shaping Impact Group. SI3 fund, V-Ventures, and imec.istart also participated in the round. https://lnkd.in/eEhhpWPu
Cruisebound, Inc. announced $13M in fresh funding, led by Thayer Ventures, and backed by Link Ventures, PAR Capital Ventures, Flybridge, Plug and Play Tech Center, as well as prominent individuals like former Booking Holdings chairman Jeff Boyd and Tripadvisor's co-founder Steve Kaufer. The funding comes on the heels of Cruisebound's impressive growth, including a rise in the popularity of cruises and triple-digit revenue growth. Mileva (Leyla) Sapic | PhocusWire https://lnkd.in/gJA9nsMy #Venture #VentureCapital #VC
Cruisebound brings travel industry veterans on board with $13M investment
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Spirit Airlines is expected to file for bankruptcy in the coming days. That's not a surprise. There is no way they are profitable with what they charge for fares. We don't have to have experience in the airline industry to know that. Even if you argue that low fares = high volume of customers, there are only so many seats on an airplane. Fixed costs on top of variable costs will eat up any business' profitability. You may have a great concept, the best employees and startup funds, but if you cannot balance income vs expenses, in the end, you will not succeed. That's not to say Spirit cannot recover from Chapter 11, but it's long and hard road ahead. Ask us how we have turned businesses around.
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?? Just Dropped: The BACKED Founder Retreat 2024 Highlights - https://lnkd.in/ejcR4m2b Last month, we gathered in the Portuguese countryside for our annual Founder Retreat with over 40 founders and CEOs. Now in its third year, it was more inspiring than ever. From insightful workshops to fireside chats and epic sunset dinners, the retreat focused on strengthening bonds between our portfolio.?It's aimed at mutual learning between founders to accelerate their growth, as well as fostering community to make the gruelling founder journey a more collaborative and less lonely marathon. We continue to learn from hosting this event, and this was the best yet. Huge thanks to all the founders who gave up their time to gather. Adam Lewis Shaun Rutland Colin Foster Daan Luining Deqian J. Ed Steele Franci Zidar Dave Hunter Francis Pedraza Gabriel Lau George Benton James Field Grant Aarons John Deacon Jonathan Raphael Liisi Laaniste Louwai Muhammed Marian Kupculak Matthew Bond Max Jamilly Oliver Tonkin Pari Singh Nikos Kazazakis Rabia T. K. Quin Wills Renaud Irminger Sandy Reid Richard Carter Ugo Agbai Yasmin Greenaway FRSA Ylan Richard But don’t just listen to us, hear from our partners HSBC Innovation Banking, Carta and Stripe who got stuck in and supported bringing our vision to life: ?? Finn Maclean at CARTA shared that we "curated the perfect environment for a diverse group of founders to unwind, connect and grow throughout a stunning retreat [...] huge thanks to everyone involved." ?? We are very thoughtful about who we chose to partner with, so we are so thankful for Sagar Gupta at Stripe who said: "We're so thrilled to have collaborated with BACKED on their retreat. They are totally unique in crafting incredible experiences to elevate and support founders. At Stripe, we try to be selective with these partnerships (~4/6 in Europe annually) and I think BACKED's offering is one of the best :)" At BACKED we are Europe's human-centric seed fund, backing founders at the frontier, so watch the video to get a glimpse into how we live this out. #BACKEDVC #FounderRetreat #VentureCapital #StartupLife #Innovation #CommunityBuilding ?? Sonia Maciuszewicz and Vinay Chaudhri in particular who led this from the beginning.
THE BACKED Founder Retreat 2024
https://www.youtube.com/
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It’s been almost five years since PhocusWire named its Hot 25 Travel Startups for 2020. Since that time the #travel industry has experienced a jump in #AI technology, along with countless mergers and acquisitions. It's also worth noting that these businesses were identified in November 2019, when we were completely unaware that the COVID pandemic would bring travel to a standstill just three months later. #PhocusWire recently checked in with some of these class of 2020 startups, including Magpie, Questo and Futurestay: https://bit.ly/4exIq0s #traveltech #travelindustry #travelnews #travelstartups
Where are they now? Catching up with the Hot 25 Travel Startups for 2020
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Ready to learn how to raise capital like a pro? Get the knowledge and skills you need to take your game to the next level.?? Click the link in my bio to learn more: linktr.ee/bradblazar #CapitalRaising #Bootcamp #OpportunityKnocks
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???????? ?????? ???????????????????? ???? ????????????????: ?????? ???????????????????? ?????????????? ???? ???????????? ??In 2008, Brian Chesky, Joe Gebbia, and Nathan Blecharczyk found themselves in a tight spot when a design conference in San Francisco left hotels fully booked. ??With an air mattress to spare, they offered it as lodging, sparking an entrepreneurial idea. ??Thus, Airbnb was born: a platform connecting travelers with unique accommodations. ??Despite facing rejection from investors and struggling to gain traction, they persevered. ??Their breakthrough came in 2009 when they sold themed breakfast cereal boxes to raise funds, attracting media attention and securing vital funding. ??Since then, Airbnb has grown into a global disruptor, revolutionizing the hospitality industry and forever changing the way people travel. ?????? ??????????????????: ??As a marketer, I have to hand it to Brian and Joe – they really understood the power of storytelling. ??Turning something as mundane as a cereal box into a symbol of their brand's ingenuity was pure genius. ??It's a lesson in leveraging unconventional tactics to generate buzz and capture attention. ??So, whether you're promoting a startup or a seasoned business, remember: sometimes the most effective marketing strategies are the ones that defy expectations and spark curiosity. #business #contentstrategy #linkedin
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?? Day 4 of Startup Basics Simplified: Calculating TAM ?? Before diving headfirst into your entrepreneurial journey, there's a crucial step you can't afford to miss: calculating TAM, or Total Addressable Market. Imagine you're gearing up to launch your dream venture, let's say it's a pet grooming service. Before opening your doors, it's essential to understand the size of the potential market for your business. Here's the scoop: TAM is to be calculated before liftoff. It's like plotting your course before setting sail – crucial for charting a successful journey. For instance, if you're eyeing a city with 100,000 pet owners, and each spends an average of Rs. 500 per grooming session monthly, your TAM would be Rs. 500 x 100,000 = Rs. 50,000,000. By crunching the numbers early on, you gain invaluable insights into the size and scope of your potential customer base. This data forms the bedrock of your business strategy, guiding decisions on everything from service offerings to marketing tactics. So, before you take the plunge, take the time to calculate your TAM. It's the first step towards building a business that's primed for success! #StartupStrategy #BusinessPlanning #LearnWithMe #TAMInsights ??
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Jonny here ?? Having given more purpose to growing Ticket Tailor, I know first-hand that making a profit can also be used for positive change. I truly see this as the way forward for all upcoming businesses. And today I've got a slightly different (and very exciting) post for you. Introducing EarthInvest: a brand new fund brought to you by Ticket Tailor. EarthInvest's mission is to bring our Planet to every meeting room, and we believe this can be achieved by supporting a number of start-ups to prioritise the planet as a stakeholder. We've teamed up with Supercritical, one of the largest carbon removal marketplaces, who've been providing Ticket Tailor expert climate advice and carbon removals since 2021. Together, we're guiding startups towards sustainability and championing success stories that prioritise the planet. We're excited to offer funding for five promising startups with £12,500 each to kickstart their sustainability journey.?Successful applicants will use this grant to pay for carbon footprint measurement, high-quality carbon removals, carbon literacy training and net zero consultancy. If you’re interested in applying, head to our website (link in comments). Or if you have someone in mind that would benefit from this opportunity, please tag them below to help spread the word!
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Vacation home rental platform ELIVAAS has raised $5 million in a Series A funding round, led by 3one4 Capital with participation from Peak XV’s Surge and angel investors. The funds will be used to enhance its proprietary technology, expand market presence, and improve both homeowner and guest experiences. This latest investment follows the $2.5 million raised by the company in November 2023. Co-founded in 2023 by Ritwik Khare and Karan Miglani, ELIVAAS manages over 140 premium properties across key leisure destinations in India. The platform combines cutting-edge technology with hospitality to offer a seamless vacation rental experience, including features like 3D property tours and AI-driven chatbots. #ELIVAAS #VacationRentals #SeriesAFunding #3one4Capital #LuxuryRentals #TechDriven #HospitalityTech #GoaRentals #PropertyManagement #StartupIndia #InvestmentNews
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