ROXi secures up to £13m in growth capital led by Sun Capital Partners to expand its music television platform.
Sun Capital Partners led the growth round to accelerate the global rollout of the music entertainment platform.
ROXi is a British music entertainment pioneer providing made for TV audio visual experiences. The company offers interactive music streaming and karaoke services across smart television networks and pay television platforms.
British music entertainment provider ROXi has secured up to £13m in growth capital funding to expand its platform reach. Sun Capital Partners led the investment round, supported by high profile figures including Guy Hands, Chris Wright and Lorna Tilbian, alongside participation from existing shareholders.
The capital will support the broader rollout of the company music entertainment service across smart television networks and pay television platforms in the UK, Europe and North America. The announcement coincides with the launch of the ROXi Music Video Jukebox, which compiles millions of official music videos and curated photographic archives for home television screens.
From the founder
"Sun Capital Partners have a fantastic track record of supporting great British success stories. Working together, we will now take the ROXi music entertainment experience, including the new ROXi Music Video Jukebox into millions of homes worldwide."
Rob Lewis
CEO at ROXi
Investor perspective
"We are excited by ROXi’s opportunity to deliver unique, fun music entertainment experiences into the home in partnership with Smart TV networks and Pay TV leaders like Sky. The potential is huge, with mass market appeal and a nation waiting to be entertained"
Edward Spencer-Churchill
Co-Founder and Partner, Sun Capital Partners
Use of funds
- 01Expand into international markets
Investors
Edward Spencer-Churchill
Sun Capital Partners
Guy Hands
Chris Wright
Lorna Tilbian
Paul McGuinness
Peter Cornell
Warner Mandell
Henrik Holmark
Rupert Howell
Michael Moszynski
