Alex Mans, CEO of Flyr, secured $225 million in funding and $70 million in credit in 2024, totaling $295 million. Flyr, a company modernizing airlines with AI, is among 11 startups with Dutch founders in Silicon Valley that raised $543 million in 2024, more than double the $231 million in 2023. Interest in AI and biotech is driving investments, with Dutch startups increasingly seeking U.S. capital due to limited funding in the Netherlands.

DELRAY BEACH, Fla., Dec. 17, 2024 /PRNewswire/ -- The AI in Tourism Market is expected to reach USD 13.38 billion by 2030 from USD 2.95 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 28.7 % from 2024–2030, according to a new report by MarketsandMarkets™. AI-based security systems are the key enablers that are helping improve the safety levels inside the tourism industry. Advanced technological factors such as facial recognition, biometric authentication, and AI-based surveillance systems are implemented in airports, hotels, and travel destinations to make the security process much more streamlined while detecting threats in real-time. Facial recognition at check-in points or border crossing accelerates the process of identity verification, making more efficient than usual operations while saving time. AI surveillance systems help scan larger areas and detect suspicious activities and alert the authorities to a more proactive attitude toward safety