Travel-tech startup funding sank nearly 44 percent to nearly $1.5 billion during the first half of 2016 and startups seeking the bonanza-like funding rounds in 2016 that Airbnb and Uber have enjoyed in the past may want to consider readjusting their expectations.
The $1.5 billion in total funding for travel startups during the first and second quarters was spread across 141 deals, nearly all of them below $40 million, according to CB Insights, a New York City-based venture capital and investment data firm.
The number of deals for the first half of the year remained...
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