Ukraine-based HOLYWATER has closed a $22 million financing
round led by Horizon Capital, with participation from US-based investors
including Endeavor Catalyst and Wheelhouse.
The financing follows an earlier
investment from Fox Entertainment in October 2025. (check out our earlier interview with Anatolii Kasianov, co-founder and co-CEO of HOLYWATER)
HOLYWATER is a technology company applying AI to content
creation and distribution within the entertainment sector. Its portfolio
includes several digital platforms across video and publishing, such as My
Drama for vertical streaming, My Passion for digital books, My Muse for
AI-assisted vertical series, and Freebits, an ad-supported streaming service
offering free access to premium content.
The company operates across multiple segments of the
entertainment technology market. Its flagship app, My Drama, received the
People’s Voice award for Best Streaming Service at the 2025 Webby Awards and
recorded strong revenue growth during the year. HOLYWATER’s AI-powered app, My
Muse, is also active within the AI streaming category.
Commenting on the investment, co-founders and co-CEOs Bogdan Nesvit and Anatolii Kasianov said the round reflects continued momentum around
premium short-form storytelling and its potential as a scalable content format.
They noted that vertical series are increasingly being adopted as a long-term
storytelling medium across multiple genres.
The new funding will support HOLYWATER’s plans
to further develop its mobile-focused vertical video streaming platform and
expand its AI-driven content ecosystem. This includes exploring AI-supported
formats such as comics and animation, as well as strengthening its IP
development and distribution capabilities across additional content categories.