ZOO Digital raises £7.4m

31st March 2021

ZOO Digital Group  has successfully raised gross proceeds of £7.4 million ($10.3 million) through the oversubscribed placing with  existing and new investors at a price of 100p per  share. Directors intend to use the net proceeds of the Placing to accelerate the Company’s commercial position in order to “…address the significant and growing requirements of the global entertainment industry for our cloud-based market-leading services.”

In the film below ZOO’s CEO Stuart Green outlines the rationale for the fundraise and how the market demand for ZOO’s products has increased