April 20

Gojek’s Investment Arm Backs $22 Million Round of Audio Content Firm

Noice, an Indonesia-based audio content startup, has raised US$22 million in a series A funding round led by Northstar, with participation from Alpha JWC Ventures, Kinesys, and Go-Ventures – the investment arm of Gojek.

Launched in 2018, Noice’s app offers radio streaming, live audio, audiobooks, and podcasts. It currently has more than two million registered users, which grew more than 4x compared to last year. In a statement, it said that its listeners spend an average of around 80 minutes per day on the platform.

The company is boosting its growth through Noicemaker Studio, which allows content creators to distribute their audio content directly on the Noice platform, as well as a training program to support new audio creators called Noicemaker Club Program. It also continues to expand its library of podcasts through partnerships with popular public figures in Indonesia.

Photo courtesy of israel palacio.

Source: TechInAsia (link opens in a new window)