Statement Films Raises Initial USD750K Funding

Statement Films, a Los Angeles, CA-based data-driven entertainment startup, raised USD750K in funding.

The round was led by Earvin “Magic” Johnson,  Samuel L. Jackson, LaTanya Richardson Jackson, as well as business leaders Robyn & Tony Coles and Vicki & John Palmer.

Founded by writer, producer, and political analyst, Areej Noor, Statement Films sources, develops and presents a pipeline of African-women-led IP to international buyers, bridging the gap between African and Diaspora women filmmakers and the global market.

The company intends to use the funds to scale the current offering into a media and insights business that increases the visibility of the African Creative Class while its production arm remains focused on building a pipeline for female filmmakers on the continent and in the diaspora.

FinSMEs

09/02/2023