Kuku FM raises $19.5 mn in series B funding led by S Korea's KRAFTON

Kuku FM, a leading audio content platform, has raised Series B funding of $19.5 million led by South Korean gaming giant KRAFTON, Inc. The round also saw participation from its existing investors including 3one4 Capital, Vertex Ventures, and India Quotient, with Founder Bank Capital and Verlinvest joining as new investors.

With this latest round of funding, Kuku FM has secured a total of $25 million since its inception in 2018. Fueling its existing offerings, Kuku FM will use the funds raised through this investment to broaden its language offerings and consolidate content creation.

“We have seen an unprecedented consumption of