France-based Brut., an international video content publisher, focused on news and feature-based, short-form content, announced that it has raised $75M (approx €63.4M) in its Series C round of funding.
According to Dealroom, with this fundraise, the company has now raised a total of €115M in funding to date and is valued at €227M.
Investors
The round was led by Orange Ventures, Orange’s venture capital investment subsidiary, with participation from Lupa Systems and Tikehau Capital. Also, Brut.’s historic investors, such as Artemis and Red River West, are also invested in this round.
Funds for international expansion
The proceeds from this round will help Brut. to further accelerate and extend its activities to new markets such as the US, India, and Africa. In addition, the funds will also help the company to continue to diversify its content by placing emphasis on issues with cultural and social impact.