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

Trending today

SpaceX Returns to Profit as AI Business Drives Over Half of Third-Quarter Income

Therna Unveils AI Platform to Study RNA and Design Candidate Medicines

Neura Unveils 4NE1 Gen 4 Humanoid as €17M Munich RoboGym Opens

OpenAI Expands Decisions API, Scales Enterprise Push With Uber and Cuts Frontier Training Off From the Live Internet

OpenAI Adds Locked Chats to ChatGPT and Acquires Orchestra Bio to Strengthen Life Sciences AI

Exclusives

South Korea’s AI G3 Strategy: Decoded

10 Switzerland-Based AI Scale-Ups You Need to Know in 2026

Why Crypto Could Be AI’s Payment Layer: BlackRock Sees Stablecoins Connecting Commerce and Compute

Why AI Predictions Often Get The Technology Right But The Timeline Wrong

10 CEE & Baltics-Based AI Scale-Ups You Need to Know in 2026

More in Business & Markets

Maxinsights Raises $30M Seed Round and Launches Physical AI Data Tools

Agility Robotics Standardizes Digit 5 on Nvidia IGX Thor Ahead of 2027 Rollout

Formic Raises $50M to Expand From Factory Automation Into General-Purpose Robotics

Fort Robotics Secures $20M in New Funding Ahead of Planned Public Listing

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

Trending today

SpaceX Returns to Profit as AI Business Drives Over Half of Third-Quarter Income

Therna Unveils AI Platform to Study RNA and Design Candidate Medicines

Neura Unveils 4NE1 Gen 4 Humanoid as €17M Munich RoboGym Opens

OpenAI Expands Decisions API, Scales Enterprise Push With Uber and Cuts Frontier Training Off From the Live Internet

OpenAI Adds Locked Chats to ChatGPT and Acquires Orchestra Bio to Strengthen Life Sciences AI

Exclusives

South Korea’s AI G3 Strategy: Decoded

10 Switzerland-Based AI Scale-Ups You Need to Know in 2026

Why Crypto Could Be AI’s Payment Layer: BlackRock Sees Stablecoins Connecting Commerce and Compute

Why AI Predictions Often Get The Technology Right But The Timeline Wrong

10 CEE & Baltics-Based AI Scale-Ups You Need to Know in 2026

More in Business & Markets

Maxinsights Raises $30M Seed Round and Launches Physical AI Data Tools

Agility Robotics Standardizes Digit 5 on Nvidia IGX Thor Ahead of 2027 Rollout

Formic Raises $50M to Expand From Factory Automation Into General-Purpose Robotics

Fort Robotics Secures $20M in New Funding Ahead of Planned Public Listing

The AI economy, every weekday morning