Idinvest's, Cherry Tree's Molotov in exclusivity with Altice

According to TechCrunch, the proposed deal would see the strategic buyer investing hundreds of millions of euros for a majority stake in the company.

France-headquartered Molotov, which operates an online video streaming platform, first received backing from Idinvest in 2014, when the GP took part in a €4.5m early-stage round alongside business angels. Idinvest acquired an 18.2% shareholding as part of the initial round.

Two years later, Idinvest was joined by Cherry Tree in a $23.3m funding round for the company, in which trade investors Sky and TDF also took place.

Molotov was founded by AlloCiné founder JeanDavid Blanc and Canal+ founder Pierre Lescur. The business has seven million users, according to a statement.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Exits
• France
• Media
• France
• IDInvest Partners (AGF Private Equity)
• Venture
• Trade sale