FilmChain has successfully secured €2.8 million in funding to enhance its automation solutions for the film and TV industry. This round, led by Holt IntersXion fund, with participation from Roca X, DeBa Ventures, TechAngels Romania, and returning investor HearstLab, reflects strong confidence in FilmChain’s innovative platform. The investment will be instrumental in expanding the company’s operations into North America, complementing its growing presence in the UK, Europe, and Australia.
Innovation in Entertainment Finance
FilmChain has been at the forefront of addressing the entertainment industry’s challenges related to delayed payments and lack of financial transparency. Their platform automates the collection and distribution of revenues, providing real-time payments and on-demand financial reporting. This system not only streamlines financial management but also ensures immediate access to detailed financial reports and analytics.
We are excited to broaden our suite of products and harness cutting-edge technologies. Our quest to revolutionize global payments and expedite cash flow has now received a robust vote of confidence from an exceptional group of investors.
Maria Tanjala, co-founder of FilmChain Adding to their list of accolades, FilmChain was the first winner of the Startup Tournament at the UNCHAIN Festival. This victory highlights the startup’s potential and innovation within the fintech and entertainment sectors.
FilmChain’s use of financial technology includes its architecture and fintech APIs, as well as a private Ethereum blockchain that enhances transaction transparency and auditability. This allows for precise ownership tracking and facilitates the management of future secondary sales in asset management.
Our payment infrastructure is meticulously crafted to cater to the critical needs of these stakeholders. With the infusion of fresh capital, we are poised to empower a new wave of filmmakers across North America.
Irina Albita, co-founder of FilmChain 
