Advanced Television

Funding

ITV invests in Feel

ITV has concluded an investment in Feel, a UK-based digital health startup. ITV has agreed to subscribe for up to £3 million convertible loan notes in Feel in three tranches. Feel will commence its tailored media campaign across ITV’s channels later this year. Operating on a direct-to-consumer subscription model, Feel’s science-led approach in developing products […]

August 20, 2021

Poland: Redge, RKKVC business support for start-ups

Streaming and edge computing leader Redge Technologies and Polish private venture capital fund RKKVC have come together to establish a joint cooperation to fund and develop aspiring deep-tech projects through smart money. “Supporting and nurturing talent is a big responsibility. That is why we are taking this task very seriously. Ideas and inspiration for ground-breaking […]

August 20, 2021

Canada invests in Telesat’s Lightspeed

Canada’s government has announced a major investment and loan commitment to Telesat’s Lightspeed broadband-by-satellite constellation. The latest announcement comes on top of a C$400 million (€273m) separate investment and loan arrangement made by the government of Quebec. The Canadian government is promising C$1.44 billion made up of two parts: a 20-year loan of C$790 million […]

August 13, 2021By Chris Forrester

OneWeb gains another major investor

Broadband-by-satellite operator OneWeb has won another significant investor. Hanwha Systems, a South Korean technology company, is investing $300 million in equity in OneWeb which will shortly start services from its fleet of Low Earth Orbiting satellites. In return, Hanwha will receive an 8.8 per cent stake in OneWeb. It can also contribute its latest antenna […]

August 12, 2021By Chris Forrester

ITV invests in ismybillfair

In the latest addition to its media for equity portfolio, UK commercial PSB ITV has concluded an investment in Nineteen21 Limited, which trades as ismybillfair.com. ismybillfair offers an online service that saves UK households time and money, by getting a fairer price for household bills from their current supplier, rather than having to go through […]

August 10, 2021

Italy: €100 DVB T-2 switch grant

From August 23rd, Italian households can apply for a subsidy towards the purchase of TV sets compatible with the new DVB T-2/HEVC Main 10 DTT transmission standard. According to a decree published by the Ministero dello Sviluppo Economico (Ministry of Economic Development), the subsidy consists of a 20 per cent discount on the purchase price […]

August 9, 2021From Branislav Pekic in Rome

SiriusXM prices $2.5bn of fresh debt

North American pay-radio operator SiriusXM has priced two batches of new Senior Notes. The borrowings will be used to redeem existing debt. The two amounts are: $1 billion of 3.125 per cent notes due for repayment in 2026, and $1.5 billion of 3.875 per cent notes due in 2031 “This represents an increase of $250 […]

August 3, 2021

Broadband boost for rural England

Millions of people in rural England will get access to the fastest broadband speeds on the market as part of a £5 billion (€5.8bn) plan to level up Internet access across the UK. The UK government’s Project Gigabit fund to upgrade digital infrastructure in hard-to-reach areas will accelerate the country’s recovery from covid, fire up […]

August 2, 2021

V-Nova closes €33m series C funding

Neva SGR, Intesa Sanpaolo Group’s venture capital firm focused on the tech industry, is placing its bets on the growth of V-Nova, a high-growth company based in London but with Italian roots, operating in the compression of video and image data. Thanks to Neva First, the alternative investment fund managed by Neva SGR, V-Nova has […]

July 26, 2021

BT invests in Safe Security

BT has announced a multi-million pound investment in Safe Security, an industry-leading cyber risk management firm. Headquartered in Silicon Valley, its SAFE (‘Security Assessment Framework for Enterprises’) platform allows organisations to take a health check of their existing defences and understand their likelihood of suffering a major cyber attack. Industry analysis estimates that the cost […]

July 21, 2021