French Social Video Purveyor 'Brut' Raises $75 Million From James Murdoch, Francois-Henri Pinault, More
Brut last raised $40 million in 2019 amid a push into the U.S., as well as a $12 million seed round in Jan. 2018, bringing total funds raised to $72 million. The company, which has received B Corp certification for its social and environmental work, says it is already profitable in France. Brut is distributed in French-speaking Africa, Latin America, and Europe, notes the Reporter, where it is particularly popular in Germany and England. All told, the brand has driven 20 billion video views to date. Brut was founded by the entrepreneurs and TV producers Guillaume Lacroix and Renaud Le Van...