Storytel raises $96.5 million in new funding. A vote of confidence in the unlimited subscription model, not just the company

In a heavily oversubscribed surprise share issue late Thursday, Storytel raised SEK 948 million ($96.5 million), just hours after its annual report received a lukewarm stock market reception. Boktugg had the details of the deal first, for those interested (OP in Swedish), and further details in English are available here. The latest funding round comes … Continue reading Storytel raises $96.5 million in new funding. A vote of confidence in the unlimited subscription model, not just the company