The entertainment-focused venture fund has raised a total of $35m, with new backers Adways, Axel Springer and ProSiebenSat.1 joining the likes of Sky.

Israel-based venture capital fund Remagine Ventures has raised $35m in capital from limited partners including mobile marketing technology producer Adways and media groups Axel Springer and ProSiebenSat.1, TechCrunch has reported.

Merchant bank and investment firm American Liontree also contributed to the fund, adding to $4m provided by media company Sky in September 2018.

Remagine concentrates on entertainment technology developers and tends to invest at seed and pre-seed stage. It has built up a six-strong portfolio that includes digital sports…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.