Acast gets new owners and announces SEK 40 million funding round
Late on Thursday Swedish startup sensation Acast announced a SEK 40 million funding round.
The podcast platform also gets new joint owners in venture capital company Alfvén & Didrikson, partly owned by the prominent Wallenberg family.
“We have followed the business closely and have been impressed by what the team has accomplished to date, both technologically and commercially. I am thrilled to join the Acast team and continue our journey to reach an international audience,” says Hjalmar Didrikson co-founder of Alfvén & Didrikson, and Chairman of the Board at Acast, in a comment.
According to Dagens industri, Acast has around 30 American podcasts tied to it, the biggest ones from the Financial Times and Buzzfeed. Måns Ulvestam, CEO of Acast, thinks podcasting is still a huge untapped market.
“We believe that anyone with access to basic technology, a creative mind, and something to say can create, distribute and monetise a successful podcast,” he says in a comment.Dagens IndustriFinancial TImesAcastMåns UlvestamBuzzfeedAlfvén & DidriksonHjalmar Didrikson