Morten Strunge: Last News

Todd Spangler NY Digital Editor Listen up: Podimo, the Denmark-based subscription service for podcasts and audiobooks, said it secured €58.6 million (about $58.4 million) in funding, as it seeks to grow its market footprint and content lineup. The funding was led by previous investors 83North, Highland Europe and Saban Ventures, with continued participation from Chr. Augustinus Fabrikker, Heartcore and Headline. The latest round brings Podimo’s total raised to date to about €162 million ($161.5 million), the company said. Podimo did not disclose valuation but said the new capital represented an “up round,” meaning its valuation increased. Founded in 2019, Podimo said it has doubled its headcount in the past two years and currently has about 225 employees. The company plans to step up hiring with the new funding.

Todd Spangler NY Digital EditorPodimo, the European podcast subscription-service startup, named digital media exec Sachin Doshi, whose career has included gigs at Spotify, Twitter and Universal Music Group, to the position of chief content officer.Doshi, based in New York, will lead Podimo’s global content team and report to CEO Morten Strunge. Most recently, he was director of product at Twitter, having joined the social network last year after the acquisition of Scroll, the company he co-founded that had launched a subscription service for ad-free access to articles on participating sites.Prior to co-founding Scroll in 2016, Doshi was VP of content at Spotify, where he worked for five years.