Posts by Kevin May
Headout gets another $30m, looks for “travel, entertainment, AR” acquisitions
03/02/2022 by Kevin May
Headout has tapped existing investors to add an additional $30 million to the Series B investment round it originally secured in September 2021. The additional funds were again led by Glade Brook Capital, with participation from existing backers Nexus Venture Partners, FJ Labs and 500 [...]
Thomas Cook collapses after rescue plan fails
23/09/2019 by Kevin May
Thomas Cook, one of the most well-known brands in the history of the travel industry, has collapsed after a financial rescue failed to materialise. The U.K. and Germany-listed public company needed a £200 million bailout to secure survival following a previous investment of £900 million in Jul [...]