Airtasker Limited (ASX: ART) announced a significant milestone for its US operating company, Airtasker USA Inc., successfully securing US$12.0 million in media capital. This funding comes through strategic partnerships with Sinclair Broadcast Group, a division of Sinclair, Inc., and Mercurius Media Capital LP, showcasing a solid endorsement from prominent industry players. Meanwhile, Airtasker's UK operating company, Airtasker UK Ltd, declares that Channel Four Television Corporation has made a follow-on investment of £4.0 million in media capital.
This latest investment builds upon Channel 4's initial commitment of £3.5 million in June 2023, resulting in a robust total investment of £7.5 million. These announcements highlight Airtasker's impressive growth trajectory, as it now holds an additional AU$ 26.2 million in media capital, complementing the AU$ 25.4 million raised since June 2024. This brings the total raised in 2024 to AU$51.6 million, underscoring Airtasker's expanding influence and potential for future success.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
