Koala: French insurtech startup Koala raises 1.6 million to help compensate for travel disruptions

French travel tech startup Koala has closed a €1.6 million seed round led by London-based Insurtech Gateway, with participation from Playfair Capital, Techstars Ventures and private investors, including former CEOs of Air Malta and Brussels Airlines. The service proactively alerts travelers to any disruption (bad weather, strikes, etc.) and pays out instantly, "no questions asked". [...] The post French insurtech startup Koala raises €1.6 million to help compensate for travel disruptions appeared first on Tech.eu.