Newsvoice.com raises 2 million SEK and plans to change the way we consume news
Newsvoice.com, a news app that aims to change the way we read the news, raises 2 million SEK from private business angels and Almi Invest for further expansion of their service.
Newsvoice.com is a news app and a community that provides links to high quality articles with different perspectives, in one place. The app scans and analyzes news articles on hundreds of news sites and categorizes the content, but in the end it is up to the readers to decide how the content will look. The service acts as a mix of Google News, Reddit and Wikipedia and is intially targeted at the US market. The company was founded just over a year ago by Viktor Lidholt, who has a background from Google in Silicon Valley.
– The American news market is dominated by a few large media groups. We want to move the power to our readers, but in a way that allows us to guarantee high quality content. Moreover, we always display news from multiple perspectives. For example, if you want to read about the conflict in Syria, we can provide the reader perspectives on the news from the US, Russia, Europe and the Middle East, creating a better understanding of how the issue is perceived in various parts of the world, says Viktor Lidholt, founder and CEO of Newsvoice.com.
Newsvoice.com has raised 2 million SEK, to start promoting their app on a larger scale. The round was led by ReadSoft founder Lars Appelstål, who invested along with BLCBX Investment Group and a number of private business angels. Almi Invest also contributed 300,000 SEK. Propel Capital has previously invested in Newsvoice.com.
– I think Newsvoice.com has both the ability and the right product to make a real difference in the media landscape. They are creating a global platform that can solve many of the problems that are present today, from filter bubbles to fake news, says Lars Appelstål.
– We are at the beginning of our journey and our vision is to fundamentally change people consume news. The potential is enormous. Not only because we have a strong product, but also because there is a real need, says Viktor Lidholt.
For more information contact
Victor Lidholt, CEO and founder of Newsvoice.com firstname.lastname@example.org or 070-759 68 38.
Newsvoice.com is developing a new kind of news app, initially targeting the US market. The app shows gives multiple perspectives on current news and lets the readers themselves help curate content. With its solution Newsvoice.com hope to stop false news being spread, and reduce the risk of filter bubbles.