Podmosphere closes an investment round of $160k from Annevo.

Sweden Investments 20 September 2017
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Podmosphere, a Gothenburg, Sweden-based startup working on a podcasting (audio on demand) platform, announced closing a $160k investment deal.

The transaction, made with Annevo at a $603k company valuation, also includes a partnership for Digital Development from Annevo's consultants.

Podmosphere, launched in 2016 by CEO Varga Moshtagh, developed a platform that optimizes the buying and selling of sponsored ads workflow in podcasts episodes. The platform is expected to be launched in 2018.