Titan OS, the Barcelona company that licenses an independent operating system to TV makers, announced a $46m (€40.9m) financing on 4 November 2026. The round combines equity from existing investors Highland Europe and Mangrove Capital Partners with a credit facility from funds and accounts managed by BlackRock, according to Advanced Television.
The announcement did not split the money between equity and debt, did not name a lead investor and did not give a valuation. Silicon Report put the company's total funding at $110m after the round; Dealroom reported $58m raised the previous year.
“Since our first investment, we’ve watched the Titan team build a rare flywheel.”Laurence Garrett, General Partner, Highland Europe
What Titan OS does
Titan OS was founded in 2023 by Jacinto Roca, who founded Wuaki.tv before it was acquired by Rakuten, together with Timothy Edwards, Miquel Barba and Tobias Pfalzgraff. It licenses its software to TV brands including Philips, AOC, JVC, Vestel, Skyworth and Sharp across Europe and Latin America.
Dealroom described the operating system as Linux-based, licensed to TV makers on a revenue-share basis, with the company then earning advertising revenue through its Titan Ads platform and free ad-supported channels. It reported that Philips moved its entire 2026 TV range to Titan OS, replacing Google TV.
Silicon Report said the platform now reaches 30 million users, up from 18 million a year earlier.
Dealroom listed Sharp, AOC, Vestel and Skyworth among its newer partners and said Titan OS wants to sign more manufacturers and move into new regions quickly.
What the money is for
Advanced Television said the funding will strengthen Titan OS's position as a leading independent European TV operating system, expand its global partnerships with TV manufacturers, and pay for product and advertising technology development.
Hyoung-Ung Kim, the company's newly appointed chief financial officer, told TechCrunch that rising chip prices linked to AI demand are squeezing margins in TV hardware, according to Silicon Report. That, it said, is pushing manufacturers towards long-term software revenue. Dealroom reported that Titan OS has opened a London office focused on advertising and is investing in AI-driven content discovery and ad targeting.
The funding so far
In December 2025 Titan OS announced a €50m Series A led by Highland Europe, with Mangrove Capital Partners also investing, according to Advanced Television. Co-founder Timothy Edwards said at the time that the company was honoured to have Highland as its lead investor. That article said the platform had more than 18 million active users and that revenue had grown ten-fold over its first two years.
Laurence Garrett, a general partner at Highland Europe, said that since the firm's first investment it had watched the team build a rare flywheel.
A crowded field
Dealroom pointed out that Titan OS competes with much larger platforms, including Google, Roku, Samsung and Hisense, for viewer data and advertising revenue. It said the company still has to show that a growing base of devices translates into sustained viewing and ad income. Because the round mixes equity and debt, the amount of new equity is not known.
Neither Advanced Television nor Silicon Report gave revenue or profitability figures for Titan OS, so it is not possible to say from the sources how much of the business is advertising and how much is licensing.
Company website: titanos.tv