Titan OS Secures $46 Million to Drive International Expansion of Smart TV Operating System
Barcelona-based Titan OS has raised $46 million in a combination of equity and debt to accelerate its global expansion. The funding round included participation from BlackRock, Highland Europe, and Mangrove Capital Partners, bringing the startup's total funding to $110 million. The company aims to leverage this capital to increase partnerships with TV manufacturers and expand its geographic footprint. Titan OS differentiates itself by offering a revenue-sharing model through FAST (free ad-supported television) channels and advertising, providing value to hardware makers facing rising chip costs due to the AI boom. The company has seen significant growth, increasing its user base from 18 million to 30 million in one year and securing major partnerships with brands like Philips, Sharp, AOC, Vestel, and Skyworth.
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Topics: advertising technology FAST channels funding smart TV operating systems venture capital