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Audio Content Digital Entertainment Europe Podcast

Podimo, the podcast and short form audio subscription service, picks up €11.2M in new funding

– Podimo, a podcast and short form audio subscription service, picks up €11.2M in new funding.
– The round is led by Chr. Augustinus investment fund, and comes just 8 months after announcing its €15 million Series A.
– Existing investors, and the Spanish VC Aldea Opportunity Fund also participated.
– Founded in 2019, Podimo is a podcast and short-form audio platform which offers personalized recommendations to listeners, while offering creators a share of revenue via premium subscriptions.
– Premium members gain access to over 600 shows that are exclusive to Podimo and membership fees are shared directly with the podcast creators they listen to each month.
– The service is currently live in Germany, Denmark and carious Spanish speaking markets.

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Children Content North America Parenting Publishing

Subscription Book Club Company Literati Raises $40 Million

– Literati is a subscription book club company.
– The company raised $40m in Series B funding.
– The round was led by Aydin Senkut of Felicis with additional funding from Dick Costolo and Adam Bain of 01 Advisors, Founders Fund, General Catalyst, Shasta Ventures, Silverton Partners, and Springdale Ventures.
Stephen Curry also joined in the round.

Source
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