The UK-based Tortoise Media “slow news” startup has attracted £10m of funding in its series A round. Lansdowne Partners becomes a leading shareholder alongside Woodbridge. The news brand claims over 50k subscribers (it once claimed many more) but remains lossmaking. The funds raised will apparently be used to extend Tortoise’s reach into audio journalism. The company currently has a staff of 50 which is expected to be increased.
Tortoise raises £10m
