Aurora Studios to develop the audiovisual ecosystem with a new fund
Finnish production and distribution company Aurora Studios is expanding internationally and will start financing co-productions of Nordic films and TV series. The Finnish Impact Film Fund (FIFF), managed by Aurora Studios, has now grown from EUR 5.5 million to EUR 13.5 million as a result of its second closing at the end of October.
In addition to Tesi, other investors include Finnish Cultural Foundation, Foreningen Konstsamfundet, Jenny and Antti Wihuri Foundation, AB Kelonia Oy, Saastamoinen Foundation, and Aurora Studios’ owners Otava Oy as well as Aristo-Invest Oy and Baie Capital Oy family offices.
The development of the audiovisual ecosystem and knowhow also enable international productions in Finland.
Read more:
Additional information:
Riitta Jääskeläinen, Investment Director, Fund Investments
riitta.jaaskelainen@tesi.fi
+358 50 309 2733
Tesi (Finnish Industry Investment Ltd) is a state-owned investment company that wants to raise Finland to the front ranks of transformative economic growth by investing in funds and directly in companies. Our investments under management total 2.4 billion euros. www.tesi.fi | @TesiFII