SFC Capital backed the Manchester-based artificial intelligence startup in its latest pre-seed round.
"I am thrilled to announce our pre-seed investment from SFC Capital. This milestone marks a crucial step in our journey towards revolutionising social media content creation using AI. We are incredibly excited by the trust and confidence that SFC Capital has placed in our vision and our team. Their expertise and track record in supporting early-stage technology startups will undoubtedly accelerate our growth and development, helping us bring our cutting-edge AI solutions to market more efficiently. This investment will enable us to expand our research and development efforts, as well as scale our operations globally to better serve our customers. Our dedicated team of developers, engineers, and marketers, is now more committed than ever to pushing the boundaries of artificial intelligence, delivering transformative social media solutions to empower individuals and ambitious businesses."
YFM Equity Partners backed the latest round to fund international growth and software rollout.
"It’s been a pleasure to support Wooshii on its exciting journey over the past three years, during which time the company has gone from strength to strength. Our latest investment will enable Wooshi to expand its US operation and rollout its innovative video insight software, both of which have the potential to scale the business even more rapidly."
Ringier AG has acquired a stake in LiveScore Group in a transaction that values the sports media and gaming business at £500m.
"This is a hugely significant day for LiveScore Group, as we take a significant step forward following a £50 million strategic investment from Ringier which values our business at £500 million. Ringier, with its Sports Media Group, is the perfect partner as we look to accelerate our expansion into Central and Eastern European territories, given their outstanding expertise, assets and relationships."
The funding from Puma Private Equity will be deployed to scale commercial operations in the UK and US.
"Piracy remains a significant issue for the entertainment industry, but MUSO’s data enables companies to use it to discover vast, valuable as up to now, unseen audiences"