HOLYWATER secures $22M to expand mobile microdrama content
HOLYWATER, a Ukrainian technology company specializing in AI-driven content creation for the entertainment sector, has secured $22 million in a new financing round. This investment, led by Horizon Capital with participation from US-based investors, signals growing confidence in the potential of AI-powered entertainment platforms and short-form mobile video. The funding will fuel HOLYWATER's expansion and development of its vertical video streaming platform and content ecosystem. HOLYWATER's portfolio includes digital platforms such as My Drama for vertical streaming, My Passion for digital books, and My Muse for AI-assisted vertical series. My Drama, the company's flagship app, won the People's Voice award for Best Streaming Service at the 2025 Webby Awards. The company already operates across multiple segments within the entertainment technology market. The new funding will support the development of AI-supported formats, including comics and animation, as well as strengthening its IP development and distribution capabilities. The move highlights the increasing importance of mobile-focused content and AI integration in the entertainment landscape. This also reflects the ongoing adoption of vertical series as a long-term storytelling medium across various genres.
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