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European Technology Network raised $1.6 million in a seed round led by Powerhouse Capital and Axel Springer SE to expand its live broadcast operations and team.

PRIVATEJul 27, 202613 days ago

Amount Raised

$1.6 Million

Round Type

Seed

Greater LondonPodcast

Investors

Deep MindOpen AiAxel Springer SePowerhouse Capital

Description

The European Technology Network (ETN) has launched a five-day-a-week live show format in response to growing audience interest. To ensure financial sustainability, a seed round of $1.6 million was secured with investments from Powerhouse Capital, Axel Springer SE, and angel investors. The funds will be used to expand the team, acquire new studio equipment, and launch a dedicated newsletter.

Company Information

Company

European Technology Network

Location

Greater London, England, United Kingdom

About

The European Technology Network (ETN) is a media project aiming to become a central platform for the European tech ecosystem. It has recently expanded its broadcast format to five days a week in response to growing interest from the community. The show, which started with two broadcasts per week, has quickly gained popularity and has accumulated over 5 million views. ETN features interviews and discussions with industry experts and politicians, providing valuable insights into the European tech sector.

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