Foresight : Leads A £5.0m Series B Investment Into Newsflare, A Global Licensing Platform …

    
     



        
    
    
     

     
 


    
    

 



01/13/2022 | 05:11am EST

PRESS RELEASE

Foresight leads a £5.0m Sequence B funding into Newsflare, a

world licensing platform and market for user-generated video

content material

  • Newsflare is a market for the monetisation of consumer generated video ("UGV") and presently has one of many main fully-rights cleared UGV libraries on the planet
  • Funds shall be used to extend Newsflare's world footprint, develop its gifted crew, and develop its Studios and Market enterprise throughout Europe, North America and Asia
  • £4m funding from Foresight VCT and Foresight Enterprise VCT

London, 13 January 2022: Foresight Group LLP ("Foresight"), a number one listed infrastructure and SME funding supervisor, has made a £4m funding into Newsflare Restricted ("Newsflare" or "the Firm") from its VCT funds, along with an extra £1m funding from present investor, Edge Investments. Foresight has a well-established observe file of investing within the expertise, digital and media panorama throughout its institutional and listed funds.

Newsflare was co-founded in 2011 by Jon Cornwell, CEO, and is headquartered in London with groups in Los Angeles and New York. Newsflare is a market for the monetisation of consumer generated video ("UGV") and has one of many largest fully-rights cleared video libraries on the planet, with over 244,000 licensable movies presently on its platform.

Over latest years,

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