Startup MGZN – Podeo raises seed investments to develop Arab podcast trade

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Press launch.

Podeo, the Arab world’s largest audio podcast platform, has raised an undisclosed spherical of funding to assist the corporate transfer nearer to its mission of constructing podcast consumption accessible to all Arabic audio system.

The funding spherical was led by Razor capital, with the participation of co-investment from Globivest VC and strategic traders in administration positions in varied media and know-how firms.

Based in 2019, Podeo’s know-how gives a localized expertise for listening to audio podcasts in Arabic and English via cell apps. Podeo has the most important catalog of audio podcasts within the Arab world, that includes tons of of unique exhibits and well-known names from the Center East media and leisure trade.

“The funds will probably be deployed to strengthen Podeo’s management place within the Arab podcast trade and double the expansion already achieved,” mentioned Stefano Fallaha, Founder and CEO of Podeo.

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“What instantly caught our consideration was the group’s skill to place Podeo in a first-rate place to maneuver the audio trade ahead with new applied sciences and a transparent content material technique. We’re delighted to be working alongside Stefano and the group as they proceed to advertise podcasts within the Arab world, ”mentioned Ramzi farah, Managing Associate of Razor Capital.

For any feedback or requests, Podeo could be contacted at . Podeo is accessible for obtain on Android and iOS podeo.co/obtain/

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