Byway, a pioneering travel tech startup and esteemed B Corporation, has recently garnered a substantial β¬5.9 million in funding through an oversubscribed Series A financing round. Leading the investment charge is Heartcore Capital, with notable contributions from Eka Ventures and existing Byway angels.
The funding will support Byway’s revolutionary mission of promoting flight-free travel experiences and transforming the way people explore the world. CEO and Founder of Byway, Cat Jones, expresses her enthusiasm for the partnership, stating, “In Heartcore and Eka, we have found partners who share our belief in the sheer joy of journey-based holidays and the incredible potential of our JourneyAI technology to revolutionize travel for the better.”
Byway’s innovative approach emphasizes the positive impact of sustainable alternatives to air travel, encouraging both eco-conscious and adventure-seeking travelers to embrace a flight-free journey. Their proprietary JourneyAI technology utilizes machine learning algorithms to craft personalized itineraries, blending various modes of transportation such as trains, buses, and ferries. This holistic perspective aims to create more memorable travel experiences while minimizing the environmental footprint associated with traditional air travel.
Byway’s commitment to sustainability extends beyond their business model. As a certified B Corporation, they prioritize social and environmental responsibilities, ensuring that positive societal impact remains at the forefront of their endeavors. This recent funding round further reinforces the growing interest in sustainable travel and marks a significant milestone for Byway and its vision of transforming the travel industry.
Through this substantial investment, Byway is poised to revolutionize the way we travel, offering a refreshing alternative that transcends the boundaries of conventional tourism and opens the door to new, more sustainable adventures.