European Podcast Startup Podimo Raises $78 Million to Fund Content, Market Expansion

Podimo, a Copenhagen-based podcast and audio entertainment subscription service, said it closed $78 million in a Series B round of funding. The round brings Podimo, founded in 2019, to about $115 million raised to date. The latest round was led by 83North and Highland Europe, with participation from existing investors Chr. Augustinus, Heartcore, Saban Ventures, Headline and Possible Ventures. Podimo’s premium audio platform offers a lineup of more than 950 original podcasts and audiobooks as well as podcasts from the U.S. and around the world through partnerships with iHeartMedia, Amazon’s Wondery, German audio platform FYEO, and creators like Norwegian crime… Read Full Article