“Hotel Software Startup Mews Secures $110M in Funding with $1.2B Valuation”

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Mews, one of the startups building tools to help hotels manage IT better is announcing a growth round of $110 million to capture more business. The funding — led by Kinnevik — is coming in at a $1.2 billion valuation post-money. That is a slight up-round on the Series C that Amsterdam-based Mews announced at the end of 2022, when Mews raised $185 million on an $865 million valuation. It said it now has more than 5,000 hotel customers, compared to 3,253 hotels a year ago. Mews nominally looks after hotels and hospitality, but that could be hostels or Airbnbs or services for people in mixed-use real estate.

“D-Orbit Secures $110M Investment to Propel Superior Space Logistics Capabilities”

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D-Orbit, an Italian startup that provides an array of logistics services for companies operating satellites and other services in space, has raised €100 million ($110 million) in a Series C round of equity funding. The Milan-based company said another $50 million will be added to the Series C in the first half of this year. D-Orbit today provides last-mile satellite delivery and related logistics services, mission control as a service to manage already-launched spacecraft and hardware, and space waste management services, all aimed at launches that are orbiting the Earth. Others in the area of space services include Planet Labs, Privateer, Zenno Astronautics, Astroscale, and a variety of others just getting started. “D-Orbit represents an excellence that in these years has positioned itself as a category leader in the in-orbit transportation segment globally, becoming the first B-Corp certified space company in the world.”