Unique X has agreed to an investment of up to $80 million with Kartesia, the European specialist provider of capital solutions to leading small and medium-sized enterprises, with unrivalled growth potential.
The company said 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 key delivery message 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 percent 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 three to five years. This will be achieved both by the expansion of its delivery network worldwide and the ongoing servicing and growth of its software-as-a-service 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 Hagan.
Daire Creighan, associate director UK and 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.”