Four years after it was founded, the Finnish company is entering its second phase of expansion. Helsinki-based venture capital company Ipr.Vc has announced the creation of a €42 million fund specialised in European film, TV and web content. With this move, the firm is planning to raise about €60-70 million by the end of next year. Ipr.Vc, the first Nordic venture capital investment firm dedicated to media content, was founded four years ago by entrepreneurs Timo Argillander, Tanu-Matti Tuominen and Jarkko Virtanen, and invested €20 million in 16 content projects or companies, and in the development of 14 projects. Some of their backed productions include Miikko Oikkonen’s crime series Bordertown, and features such as Dome Karukoski’s Tom of Finland and Klaus Härö’s One Last Deal. During this second phase of expansion, the funds for which have been raised through a group of institutional, private and public investors, the firm will.
- 10/16/2019
- Cineuropa - The Best of European Cinema
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