“The proceeds will…finance potential future acquisition opportunities in accordance with Storytel’s communicated expansion strategy.” A “Directed Issue” of Storytel shares intended to bring in fresh funds for Jonas Tellander’s global ambitions was “significantly oversubscribed” and brought in $138 million. This, on top of the $97 million the company secured in 2020 and the $50 million … Continue reading Storytel funding exceeds a quarter billion dollars in 18 months as new $138 million influx announced. US and UK publishers look the other way
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