Topics: Venture Funding
Insider: August 30, 2019
Acast has received €25 million in financing from the European Investment Bank as part of an unusual “quasi-equity” deal. Wait, what? Also: Ximalaya, plus Spotify-Anchor integration
Wondery has raised $10 million in Series B
It adds to the $5 million Series A already raised.
Funding Frenzy
Two podcast-related startups have secured new funding this week: Backtracks and PodMe.
A New Podcast Company, Himalaya, Raises $100 Million
We’re in the silly season now.
Acast raises $35 million in Series C funding
The money will apparently fund expansion into new content and territories, a push towards more non-advertising revenue streams, and an improved offering for smart speakers.
A Startup Bets on Rich Media
Entale believes that listeners don’t just want to listen when they’re listening to something. Cool? Also, why does this sound so familiar?
Automattic invests in RadioPublic
Announced yesterday, the investment sees the parent of WordPress joins a collection of strategic investors that includes The New York Times, Bose Corporation, WGBH, and American Public Media, and deepens a relationship that started last year when the company made RadioPublic’s embed player available on all WordPress sites, as noted in the corresponding press release. […]
The Audioboom deal has collapsed
Plus: PRX gets a new Chief Operating Officer, Gimlet parts way with its Head of Product, and Dissect’s Third Season
Samsung Invests in Audioburst
Plus: Full Q&A with Lauren Shippen, creator of The Bright Sessions
Wondery raises $5M in Series A
Plus: ABC debuts Zach Braff’s “Alex, Inc”, follow-up on the BBC, and more on the daily podcast as front page