Inside Mews' $300M round, Greenland's futures & space tourism 🚀

_{FUNDING SPOTLIGHT}

Mews secures a $300M investment. They are definitely sitting in “massive round, massive valuation” territory now. Sure it is a great milestone for what Mews has been building, but also counts as a vote of trust for hospitality tech more broadly.

The growth story from being founded in Prague to the powerhouse it’s becoming is impressive. Their platform now powers operations for over 12,500 hotels, covering everything from front desk to housekeeping - and they haven’t been shy about acquisition along the way… 👀

What I keep coming back to, though, is payments. Last year I heard someone from the team describe it as “the hardest part for guests, and the best part for the property”, and… yes, it’s been on my head ever since.

With embedded finance expected to reach $7.2 trillion in size by 2030, it makes sense that Mews putting payments at the core of their strategy. We’ve been talking about “fintech <3 travel” for a while now, so I’m curious to see how they take this further 🍿

_{FROM OUR RADAR} 📡

🇬🇧 Snaptrip Group acquires Staycato and My Design Events, expanding their reach into premium, pet-friendly, coastal and international boutique travel.

🇧🇩 B2B travel commerce platform Jatri raised funding and is set to focus on MENA expansion, and product innovation.

🇮🇩 Spun closes a $1.8M round to expand their visa infrastructure into Southeast Asia.

🇪🇸 Destinia acquired 2 British OTAs: Travel Republic and Netflights to increase their footprint in the UK.

🇫🇷 Kombo acquires KelBillet, to strenghten its position in European ground transportation and multimodal journeys.