StackAdapt, the AI-powered programmatic advertising platform, has announced a $235 million (€226.4m) equity funding round. Led by Teachers’ Venture Growth (TVG), the investment arm of the Ontario Teachers’ Pension Plan, the round also saw participation from Intrepid Growth Partners and four other investors. This funding values StackAdapt at approximately $2.5 billion, with annual revenues of […]

Largo.ai, the AI-driven analytics platform for the film, TV and advertising industries, has secured $7.5 million (€7.2m) funding with Hollywood actor Sylvester Stallone among the new backers. Co-led by Los Angeles-based TI Capital and Switzerland and Los Angeles-based QBIT Capital, the ‘A’ funding round participants include Boston’s Atreides Management, former Vice Chairman and Chief Operating […]

EnSilica, a chip maker of mixed signal ASICs (Application Specific Integrated Circuits), has been awarded £10.38 million (€12.4m) funding over the next three years from the UK Space Agency for a development project under its Connectivity in Low Earth Orbit (C-LEO) programme. EnSilica put forward in its application a business case supported by letters of […]

Three UK House of Commons Select Committees – the Culture, Media and Sport, Foreign Affairs and International Development Committees – have called on the Government to sufficiently resource the BBC World Service so that it is less reliant on the licence fee and short-term funding cycles. The letter calls on the Foreign, Commonwealth and Development […]

Canal+ Group has threatened to reduce its €220 million annual movie investment in France in light of the fresh windowing agreement between Disney+ and the industry. “This offer is no longer on the table today. From my point of view, it will necessarily drop, the question is by how much,” stated CEO Maxime Saada, at […]

The UK government has invested £20 million (€23.8m) for an equity stake in Orbex Space, a start-up rocket launcher. This current round of fund-raising (the ‘D’ round) has also seen cash put up by Denmark’s EIFO fund, as well as Octopus Ventures and others. The UK cash comes from its Department for Science, Innovation & […]

The European Investment Bank’s global arm, EIB Global, has signed a €125 million loan agreement with satellite operator SES to fund three satellites of its second-generation medium Earth orbit (MEO) system O3b mPOWER. SES has already launched eight of 13 O3b mPOWER satellites, which operate 8,000 kms away from the Earth, delivering high throughput and […]

Let’s not be coy, the demise of the Conservative government in the UK was a relief to the BBC. The relationship between the two was tense, at best, wilfully frictional at worst. The next Charter review begins this year, and the BBC will feel more relaxed about preserving the universal licence fee intact with a […]

ITV has announced three new investments to add to its Media for Equity portfolio at the start of 2025 in ufurnish.com, an online furniture search and comparison platform, mynestegg, a Pension & Stocks and Shares ISA consumer savings platform and Tryp.com, a personalised travel platform. As part of ITV Adventures Invest, its Media for Equity […]

The UK Government has injected £60 million (€71m) in funding into hundreds of creative businesses and projects as part of its modern Industry Strategy to grow the UK economy. The investment package is aimed at investments for grassroots music venues, start-up video game studios and creative businesses to grow music and film exports, driving innovation […]