Jamal Edwards, the 23-year-old founder of online TV channel SB.TV, has received investment from Miroma Ventures in a deal valuing the business at £8m.
While the size of the investment remains undisclosed, the technology and music investment specialists plan to pump a further £1m into the business “in the near future”.
“I want channels on fashion, comedy, sport, business, games and gadgets all built in the SB.TV world,” Edwards told The Guardian. “I understand the world of youth, the urban landscape, like the back of my hand and now I want to enter the wider world.”
Edwards launched SB.TV seven years ago uploading videos he filmed with a video camera he was given for Christmas.
Read our interview with Jamal Edwards: He’s 22. Worth £6m. And pals with Branson. Meet Jamal Edwards.
- Follow me @LondonlovesBizand @shrutitripathi6
- Try our free newsletter
You need to read:
How did MVF become the UK’s fastest-growing tech company?
She’s 31, a Starbucks board member & just raised $30m. Meet Hearsay Social co-founder Clara Shih
Leave a Comment