03/04/2024
Unique X secures $80m investment from Kartesia to accelerate growth
Unique X, the leader in international cinema software development and commercial delivery, has agreed an investment of $80m with Kartesia, the European specialist provider of capital solutions to leading SMEs, with unrivalled growth potential. This investment acts as a further catalyst to Unique’s continued ambition for global expansion with its portfolio of cutting-edge technologies including programmatic advertising and the KDMX global encryption key service. It will also further accelerate the implementation of the business strategy though the use of AI and data usage.
Unique X founder Chris Hagan retains an 85% ownership of the business. Under his strategic vision and supported by a highly experienced Executive board, which includes Luca Forlin (Head of Strategy and Operations for YouTube EMEA), Unique X is expected to triple in size in the next 3 to 5 years. This will be achieved both by the expansion of its delivery network worldwide and the ongoing servicing and growth of it’s SAAS product portfolio of customers. “I am delighted to begin the next chapter in our global ambitions with the Kartesia team , to continue our strategic partnerships with both new and existing customers throughout the cinema channel,” said Chris Hagan, Chairman and founder of Unique X.
Daire Creighan, Associate Director UK & Ireland at Kartesia, added: "We look forward to working closely with Unique X's management team to support the next chapter of their impressive growth story. The Company has established itself as a global leader in cinema software, thanks to its impressive product development and expansion strategy. We see immense potential for Unique X to consolidate its standing as an undisputed leader in the modernization of the cinema industry’s technological infrastructure.”
https://hubs.ly/Q02rCKB10