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Football media platform 90min closes a $15 million investment round led by ProSiebenSat.1 Media SE

Posted 7 years ago

Region:

East Timor, Vietnam, Venezuela, Uruguay, United States of America, Taiwan, Turkey, Thailand, Suriname, San Marino, Slovakia, Singapore, Sweden, Russia, Serbia, Romania, Paraguay, Portugal, Poland, Pakistan, Philippines, Peru, Norway, Netherlands, Malaysia, Malta, Myanmar, Monaco, Luxembourg, Sri Lanka, Liechtenstein, Cambodia, Italy, Iceland, India, Ireland, Indonesia, Hungary, Croatia, Hong Kong, Guyana, Greece, United Kingdom, France, Finland, Spain, Ecuador, Denmark, Germany, Czech Republic, Colombia, China, Chile, Switzerland, Brazil, Bolivia, Belgium, Bangladesh, Austria, Argentina, Andorra
Sector:

Software & Services, Media, Diversified Financials
Deal Size:
$15 million
Buy Side Company:
ProSiebenSat.1.Media
Sell Side Company:
Target Company:

90min

Leading contributor-driven football media platform 90min has closed a $15 million investment round. This brings its total funding since being founded to $39 million. The new capital raised will push 90mins global expansion, introduce new sports brands, and enrich its technology-enabled platform with focus on mobile and multimedia content. The round was led by German media group ProSiebenSat.1 Media SE, joined by existing backers Battery Ventures, Dawn Capital and Gemini Ventures. Post the round, 90min and ProSiebenSat.1 will launch a strategic co-branded joint venture targeting the German football market with a combined digital offering.

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