Lovetovisit

Investor: Venrex and Redrice Ventures

Lovetovisit, a Cardiff-based travel platform specialising in local attractions and experiences, has raised £3.2 million in venture capital led by Venrex and Redrice Ventures to expand UK operations and enhance its AI capabilities.Summary of transaction details:Value: £3.2 millionSector: Consumer Goods (Travel Tech)Advisor: Not mentionedKey Entities: Lovetovisit, Venrex, Redrice Ventures, Active Partners, Velocity Partners, angel investorsLocation: Cardiff, United KingdomNote: The funding will enable Lovetovisit to scale operations, double growth and inventory annually, and prepare for international expansion by addressing fragmented local activity booking in the large UK domestic tourism market.