Specialist digital publishing group Green Star Media has secured a significant venture capital investment to support its growth strategy to acquire special interest magazines and websites.
Chrysalis VCT, a leading venture capital trust, has taken an equity stake and provided loan finance, and will take a seat on the Green Star Media board.
Andrew Griffiths, managing director of Green Star Media, said: “We’re delighted to get the backing of one of the leading VCTs for our strategy and excited about the potential to apply our successful digital strategy to other media assets.”
The company is developing a range of digital sports products, and targeting specialist websites and magazines in sport and related areas.
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