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Podimo

Podimo raises DKK 80m in investment round

 

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Podimo raises DKK 80m in investment round

The Danish podcast platform Podimo has received capital of DKK 80m in connection with an investment round.

The leading investor in the capital injection is Chr. Augustinus Fabrikker, a subsidiary of the Augustinus Foundation.

The proceeds will be used to accelerate international growth and also take the existing markets to a new level.

Podimo was formed in September 2019, and Accura has acted as global advisor to the company since then.

The platform focuses on providing quality podcasts and creating unique user experiences through local, personal content curation and the use of intelligent algorithms. The users have access to exclusive podcasts only available on Podimo, and the platform is available for users in Denmark, Germany and Spain. More than 1.2m users have downloaded the Podimo app.

Accura advised Podimo and the existing group of shareholders in connection with this investment.