Tern Thirty Seconds – 5 July, 2025

🕒 Fast takes on startups and scale-ups transforming (or flopping in) Travel & Technology

Welcome to Tern Thirty Seconds — a snappy roundup of four stories at the cutting edge (or cutting room floor) of Travel & Tech.

Each edition:

3 promising startups / scale-ups

1 cautionary tale from the travel tech graveyard

Because in this space? Timing is everything.


Today’s Four

Emerging Startup: TripTax

Madrid-based TripTax is taking on the dreaded VAT refund mess. Their mobile app promises instant refunds straight to your e-wallet — no airport paperwork, no waiting in line. Just bag your rebate before you fly.
€3M seed round raised to expand across Europe.
(Source: EU-Startups — link)

Scale-up Milestone: Hopper bets on Asia

Hopper, the AI-powered price predictor, launched in Singapore — its first big leap beyond the Americas. Can its airfare models handle Asia’s price swings? We’re watching.
Backed by $600M+ in funding so far.
(Source: TechCrunch — link)

Tech Pivot / Breakthrough: GetYourGuide’s AI Tour Companion

Berlin’s GetYourGuide unveiled a generative AI-powered virtual guide for top cities. Think ChatGPT meets TripAdvisor meets Google Maps. Helpful? Maybe. Human? Not so much (yet).
Beta live in Berlin, London, NYC.
(Source: PhocusWire — link)

Startup Graveyard: Lola.com (2015–2021)

The Uber of managed travel — or so Lola.com hoped. $50M+ in funding couldn’t save it from weak product-market fit and scaling struggles.
Lesson: Good tech won’t save a startup without a killer sales strategy.
(Source: Skift — link)


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