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Today: May 19, 2024
January 20, 2024
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Revving Up: Lightship Secures $34M in Startup Funding for Electric RV

Lightship, a startup developing a fully electric RV called the Lightship L1, has raised $34 million in series B funding. The funding round was co-led by Obvious Ventures and Prelude Ventures, with support from Allegis Capital, THOR Industries, TechNexus Venture Collaborative, Congruent Ventures, HyperGuap, and Alumni Ventures. The San Francisco-based company plans to use the funds to build its manufacturing system and supply chain, with production of the Lightship L1 expected to begin in late 2024. The company also noted that its technology could enable the electrification of pickup trucks and SUVs.

Myrealtrip, a South Korean travel booking app, has raised $56.7 million in a series F equity round. The Seoul-based app provides booking services for flights, accommodations, activities, and ground transportation. Myrealtrip plans to invest in technology ahead of a planned initial public offering in 2026.

Tumodo, a platform for booking business travel, has raised $35 million in pre-seed funding from angel investors in the Middle East and North Africa. The Dubai-based company said it will use the funding to expand in the UAE market and further into the Middle East and North Africa. Tumodo aims to be present in more than 25 countries by 2026.

Overmoon, a new vacation rental platform, has raised $80 million in funding, including $10 million in venture capital, $30 million in real estate equity for home down payments, and $40 million in debt financing. The San Francisco-based company said it owns every home on the platform and has plans to purchase more properties around the world. FlyORO, a renewable jet fuel startup, has raised $1.6 million in pre-series A funding. Singapore-based FlyORO plans to use the funding to expand in the U.S. and Australia. Runnr.ai, which provides guest communication software to hotels, has raised $1.1 million. Netherlands-based Runnr.ai offers a chatbot that hotel guests can interact with as a first line of communication.

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