Behold! Somebody is investing in a podcast firm
May it’s an indication that the tide is beginning? Danish podcast and audiobook subscription service Podimo has introduced a brand new €44 million ($48.4 million) funding spherical. Members within the spherical embody earlier traders Augustinus Fabricer and HighlandX, in addition to the Danish Export and Funding Fund.
“This funding permits Podimo to proceed our robust development trajectory whereas steering the corporate towards profitability,” Podimo CEO Morten Robust stated in an announcement. “This funding isn’t just about monetary help. Whereas profitability stays a key aim, our funding focus extends past monetary milestones. We’re deeply dedicated to strengthening our product and sustaining a wholesome enterprise mannequin that advantages creators and listeners alike.”
