By John McCarthy

Video advertising company Teads is ready to tackle Asia upon fundraising $47m in funds to invest in start-ups and ad tech companies.

Debt financing from BNPP, Bank of China, HSBC, Banque Palatine and BPI made the funds available, as the company looks to challenge for a larger share of the market in the APAC region.

Pierre Chappaz, Teads executive chairman, said: “I am very pleased to see that banks are supporting our strategy to pursue M&A opportunities and strengthen our leading position as the number one video advertising marketplace in the world.

“This financing demonstrates the trust they have in Teads’ management capability Read full story ›

Source: The Drum