The funding will support further development of HOLYWATER’s mobile-first streaming platform and AI-driven content ecosystem.
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.