2023-05-02 09:38:50 ET
- Audio Series platform Pocket FM has secured $16M in debt funding from US-based Silicon Valley Bank, a division of First Citizens Bank ( NASDAQ: FCNCA ).
- With this additional capital infusion, the company will double its strategic priorities to strengthen its audio series library, expand its creator community by attracting creative minds globally, and accelerate its revenue.
- "This investment is a testament to our growth trajectory and mission to revolutionize the audio entertainment landscape. We are excited to build on this momentum and bring our listeners even more engaging content." said Rohan Nayak, Co-founder & CEO, Pocket FM.
For further details see:
Pocket FM secures $16M debt funding