Axel Springer, the media and technology company based in Germany, has acquired a majority stake in the Brazilian football app Futez, further expanding its digital sports portfolio for the BILD Group, which includes brands such as SPORT BILD, Transfermarkt, and TorAlarm. The app was founded by Brazilian entrepreneurs João Tomazetti Scholz and Giuliano Reginatto, who […]

The Incorporated Society of British Advertisers (ISBA) and Fifty5Blue have entered into exclusive discussions regarding investment in the continued growth of Origin, the UK’s cross-media measurement programme. The two organisations are working to finalise an agreement which would see Fifty5Blue invest in Origin in order to accelerate its development, innovation and scale. This is the […]

CityFibre, the UK altnet which has already built fibre lines to cover some 4.7 million UK premises, is working with shareholders to raise £900 million in new equity funding to boost their network expansion and consolidation strategy. It follows a £1.5 billion refinancing completed in 2025. The operator, which currently has over 1 million connected […]

Virgin Media O2 is weighing options to cut its £22 billion (€25.6bn) debt as investor nerves have seen a spike sell-off in its bonds. Options for owners Telefónica and Liberty Global include cutting VMO2’s expected £200 million dividend this year, shedding jobs and reducing capital expenditure, according to FT reporting. The price of VMO2’s roughly […]

Ireland’s Coimisiún na Meán has announced funding of almost €697,000 for a range of new community broadcasting projects under the latest Social Benefit Round of the Sound & Vision scheme. The Social Benefit Round supports community broadcasters in delivering initiatives that create positive social impact through programming, training and education initiatives. These projects are designed […]

The UK government lost more than £340 million (€297.4m) in Eutelsat’s OneWeb Company according to a report in the Sunday Telegraph newspaper. The report states that the investment (of a total of £517 million) was “championed” by Dominic Cummings, at the time an advisor to the Conservative government led by Boris Johnson. The government agreed […]

Spanish satellite business Sateliot is looking for €150 million of fresh funding in order to build and deploy 16 satellites in 2027. It plans a direct satellite-to-smartphone connectivity service by 2028. Barcelona-based Sateliot already has a partner in Telefónica. The company announced a €100 million funding round in April, and this latest announcement increases that […]

US aerospace giant Lockheed Martin is expanding the reach of its venture capital fund to support development of promising defence technologies in British and European markets. Lockheed Martin Ventures, the company’s startup investment arm, is opening a London office with the goal of investing at least $100 million (€87.4m) of its funding in the UK […]

SWISSto12, the aerospace company, has announced the close of its $70 million (€61m) Series C. This news follows the award of $84.8 million from European Space Agency (ESA) Member States to the HummingSat ARTES partnership project, through which ESA supports SWISSto12 in the development and in-orbit validation of HummingSat. The Series C funding follows a […]

AST SpaceMobile has announced a private debt funding offering to raise $1 billion (€0.87bn) in the shape of Convertible Senior Notes. AST has also confirmed that is in “advanced discussions” with Japanese company Rakuten regarding the preliminary selection of RAST Co., Ltd. as an indirect subsidy recipient for the Low Earth Orbit Satellite Infrastructure Development […]