Titan OS raises $46 million from BlackRock, Highland Europe and Mangrove

Barcelona-based Titan OS secured a $46 million financing round led by existing investors Highland Europe and Mangrove Capital Partners, with a credit facility from funds and accounts managed by BlackRock. The capital lifts Titan OS's total funding to $110 million as the company pushes to expand its connected TV platform globally.

Why it matters: - Titan OS is using the new capital to expand its connected TV operating system, deepen OEM partnerships and invest more in product and advertising technology. - The funding underscores investor confidence in an independent European alternative in a market dominated by U.S. and Asian companies. - Titan OS says the platform already reaches millions of viewers and helps TV makers, advertisers and content owners work through one system.

What happened: - Titan Operating System S.L. announced a new $46 million financing round on Nov. 4, 2026. - The round includes equity from existing investors Highland Europe and Mangrove Capital Partners. - The round also includes a credit facility from funds and accounts managed by BlackRock. - The financing brings Titan OS's total funding to $110 million. - Titan OS is based in Barcelona and has offices in London and Taipei. - The company employs more than 200 people.

The details: - Titan OS was founded in 2023 by Jacinto Roca, the founder of Wuaki.tv, along with co-founders Timothy Edwards, Miquel Barba and Tobias Pfalzgraff. - The company says it was created to improve how people discover content and how brands access audiences on connected TVs. - Titan OS says it has scaled revenue by 15 times over more than three years of operation. - The company has licensed its technology to Philips, AOC, JVC, Vestel, Skyworth and Sharp. - Titan OS says its platform reaches millions of viewers across Europe and Latin America. - The platform integrates content, technology and advertising from multiple providers. - Titan OS says the system is designed to give TV manufacturers, content owners and advertisers a unified and user-centric TV experience. - Highland Europe General Partner Laurence Garrett said the business model lets TV makers earn revenue years after a screen is sold and gives advertisers access to millions of homes across multiple TV brands. - Garrett also said Titan OS is a partner, not a competitor, unlike walled-garden platforms. - Titan OS CFO Hyoung-Ung Kim said the company is already in millions of homes and plans to use the investment to expand into new markets from a position of financial strength. - Kim said Titan OS aims to become a global player built from Barcelona in a market dominated by U.S. and Asian companies. - Titan OS says the new round will support global OEM partnerships and further investment in product innovation and advertising technology.

Between the lines: - BlackRock's involvement adds a major institutional name to Titan OS's investor base and may help validate the company's market position. - The round suggests connected TV software remains a contested category, with investors backing platforms that can sit between TV makers, advertisers and content providers. - Titan OS is positioning itself as an independent operating system rather than a closed ecosystem, which could appeal to TV brands looking for commercial flexibility.

What's next: - Titan OS plans to expand into additional markets. - The company expects to use the funding to strengthen its role as the leading independent TV operating system from Europe. - Titan OS will continue investing in its advertising technology and user experience tools. - The company is also likely to push deeper into global partnerships with TV manufacturers.

The bottom line: - Titan OS has raised fresh capital from a mix of European growth investors and BlackRock to accelerate its push to become a global connected TV platform.