The Public Accounts Committee (PAC) of the UK House of Commons is to hold an Evidence Session with senior BBC representatives, including its Director General Tim Davie. The session on September 15th will examine the BBC’s collection of the Licence Fee in 2024/25, as well as assess the organisation’s overall financial management. As a result […]

The Alliance of Media Independents (AMI) and ITV are launching a new multi-million-pound commercial partnership – the AMI & ITV Backing Business Fund. The fund is exclusively for the member agencies of the Alliance of Media Independents (AMI) and their new or lapsed brands that wish to advertise on TV, making TV advertising more accessible […]

HarbourView Equity Partners (HarbourView), an alternative asset management company focused on investment opportunities in the music, entertainment, media and sports ecosystem, is leading a $30 million (€25.5m) investment in Lion Forge Entertainment, further enhancing the company’s ability to fund and own its IP. The Steward Family and Polarity are investors in the round and continue […]

Netomnia, the UK’s second-largest alternative network provider (Alt-Net), has completed its £300 million (€345.1m) junior debt raise. This includes £160 million from existing investors I Squared Capital and Palistar Capital, originally part of the May 2025 funding, and an additional £140 million subscribed through increased commitments from I Squared Capital and Palistar Capital alongside new […]

Charleroi, Belgium-based, Aerospacelab has raised $110 million (€94.5m) of fresh cash to expand its manufacturing capacity and improve its bid for a role in IRIS², Europe’s planned highly-secure multi-orbit broadband satellite constellation. The cash-raising exercise is part of a Series B round, and should enable its 215,000 sq ft factory to be completed and equipped. […]

Belgian spacetech startup EDGX has closed a €2.3 million seed funding round to accelerate commercialisation of EDGX Sterna, the next generation edge AI computer for satellites. The startup has also closed a multi-unit deal with a satellite operator worth €1.1 million and unveiled plans of an in-orbit demonstration on a SpaceX Falcon 9 mission in […]

Qbeast, the next-generation data optimisation platform, has announced a $7.6 million (€6.5bn) seed round to fix that. The seed round was led by Peak XV’s Surge (formerly Sequoia Capital India), with participation from HWK Tech Investment and Elaia Partners. The new capital will fund team expansion, broaden product support across more analytics use cases, and […]

Spaceflux, headquartered in London, has successfully closed a £5.4 million (€6.2m) seed funding round, enabling the company to fast-track the growth of its proprietary global telescope network and push forward innovative space situational awareness (SSA) technologies. The funding round, co-led by the UK Innovation & Science Seed Fund (UKI2S) (managed by Future Planet Capital), Foresight […]

Space42, the Emirates-based SpaceTech business, has signed financing facilities worth $695.5 million (€592m), backed by Export Credit Agency guarantees to fund Space42’s two next-generation geostationary satellites Al Yah 4 and 5. The borrowings are arranged by Crédit Agricole CIB, Santander CIB, Societe Generale and Natixis and backed by Bpifrance Assurance Export. The satellites are set […]

South Africa’s public broadcaster SABC is asking the nation’s government to alter how the broadcasting TV Licence is structured. In essence, it wants to absorb the VAT element, and keeping the 15 per cent for itself, and not handing over the sum to the nation’s treasury. SABC is cash-strapped. Speaking in Parliament SABC CEO Nomsa […]