Reiwa Travel Raises $33M to Boost Tech at NEWT & Accelerate Global Expansion

By James Dargan · 10 September 2024 · 1 min read

Reiwa Travel has announced that it has raised approximately 4.8 billion yen (US$33.7 million) in its latest funding round, bringing the total amount raised to 7 billion yen. The round was led by SMBC-GB Growth №1 Investment Limited Partnership, with participation from existing and new investors.

The funds will be used to deepen the company’s technology platform, NEWT, and expand its services beyond Japan. Reiwa Travel is focusing on AI-driven innovations, including dynamic pricing and a travel concierge, as part of its global growth strategy.

TopicsAI AI-driven platform capital markets funding NEWT Reiwa Travel SMBC-GB Growth №1 Investment Limited Partnership tourism

About the author

James Dargan

James Dargan is a writer and researcher at The AI Insider. His focus is on the AI startup ecosystem and he writes articles on the space that have a tone accessible to the average reader.

Reiwa Travel Raises $33M to Boost Tech at NEWT & Accelerate Global Expansion

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