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Symbiotic Ecosystem: Nurturing Travel Tech Startups

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23 August 2024

Symbiotic Ecosystem: Nurturing Travel Tech Startups

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Frank Reeves launched a €5 million fund, Voyria, to support AI-focused travel and hospitality tech startups in the UK and Ireland.

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Hospitality technology veteran Frank Reeves has launched a €5 million fund called Voyria to support early-stage travel and hospitality technology startups. Reeves, who founded Avvio in 2002 before selling it to SHR in late 2014, said that €4 million of the fund is already committed, mostly to SHR and two other unnamed companies. Voyria aims to attract artificial intelligence-focused travel technology startups in the United Kingdom and Ireland, providing financial support through investments ranging from €50,000 to €250,000, as well as mentorship. Reeves also hopes to involve other entrepreneurs in the fund.

#Health tourism #Medical tourism #Travel technology #Eco-friendly accommodations
 

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