- European Technology Network (ETN) has raised $1.6 million from investors including Axel Springer and OpenAI, as announced on Monday.
- ETN is moving into a new studio in Kings Cross and expanding to a five-day-a-week live show schedule.
- ETN was launched last October, initially livestreaming tech trends twice a week.
- The network has surpassed 5 million views across YouTube and X.
The European Technology Network (ETN) has raised $1.6 million in seed funding from notable investors including Axel Springer and OpenAI. This funding will facilitate a significant expansion, including a move to a larger studio in Kings Cross, a team increase, and a shift to a five-day live show schedule.12
The network, founded by Luke Knight and Ronan Chambers in October, has quickly become a key player in the European tech media landscape, amassing over 5 million views across platforms like YouTube and X. Chambers noted, “We’re taking this incredibly seriously because Europe needs more discussion around AI, and it needs that discussion to happen faster.”5
The new five-day format will feature live shows from 12 p.m. to 3 p.m. U.K. time, discussing trending stories and hosting guests from the tech industry. ETN has already attracted significant interest, receiving around 70 pitches a week from potential guests, including prominent figures like the founder of Synthesia and the U.K.’s first AI minister.
Chambers emphasized the importance of a symbiotic relationship with traditional media, stating, “We’re not trying to replace it — we’re another layer on top of the ecosystem that traditional media has already built.” The network's revenue model will rely on advertising, with sponsors including Polymarket and ElevenLabs already on board.
As the European tech scene continues to thrive, with startups raising $14.7 billion this year alone, ETN is poised to play a crucial role in shaping the conversation around AI and technology in Europe.
“With the new funding, ETN is moving into a larger studio in Kings Cross and expanding its team from eight members. The network aims to enhance its offerings by launching a newsletter and hosting debates and pitching sessions to better serve the European tech ecosystem.”
TechCrunch
