FilmChain, a London, UK-based provider of a platform to manage payments for films & TV stakeholders, raised £2.8m in funding.
The round, which also converted previous notes, was led by the Holt IntersXion fund, with participation from Roca X, DeBa Ventures, TechAngels Romania, and HearstLab.
The company intends to use the funds to expand operations and its business reach in North America.
Co-founded by Maria Tanjala and Irina Albita, FilmChain provides a digital Collection Account Management (CAM) platform serving the global screen industries. The solution collects and allocates revenues transparently and in near real-time. The company also developed a royalties management system for enterprises – digital distributors, broadcasters, studios.
The company serves nearly 2000 clients in Europe and Australia.
FinSMEs
21/04/2024