INSUBCONTINENT EXCLUSIVE:
Jakarta-based entertainment company Visinema will build its animation business and expand into more Southeast Asian markets after raising a
$3.25 million Series A led by Intudo Ventures
Returning investors GDP Ventures and Ancora Capital also participated.Founded in June 2008 by CEO Angga Dwimas Sasongko, a director and
producer, Visinema produces TV shows, feature films, commercials and other content
Its end-to-end operations allow it to control almost every part of content creation, from concept to distribution and monetization
funding to grow its animation production by partnering with or acquiring Indonesian animation studios, with plans to release its first
animated feature film this year
Called Nussa, the movie began as characters developed for YouTube
Its other segments include Visinema Pictures for theatrical releases; Visinema Content, which creates shows for streaming platforms like
produced movies account for about 40% of movies circulating in the country, a number expected to increase 55% this year.This gives Visinema
room to grow in terms of both theatrical releases and content created for streaming platforms, including international services that are
feature-length films and unique content formats, and there continues to be significant demand for high-grade local content
With in-house produced Hollywood-caliber content, we believe that Visinema is well-positioned to tell more Indonesian stories to audiences
