Film tech startup KINO Studios secures $2m to reshape the entertainment economics

Film tech startup KINO Studios secures $2m to reshape the entertainment economics

Published: 13-10-2023 13:57:00 | By: Pie Kamau | hits: 3027 | Tags:

KINO, the pioneer reshaping entertainment economics through tech, announced $2 million oversubscribed pre-seed funding round.

High-profile contributors to the round included Sequoia Capital's Scout program, Blockchain Founders Fund, Slow Ventures, Metaweb Ventures, Genius Ventures, The Near Protocol, and an assortment of industry experts and angel investors. KINO's mission is to equip filmmakers with state-of-the-art tools to engage, create, and monetize their content even before it hits the screens, addressing a massive gap in the market.

Daril Fannin, Co-founder, KINO: "During the production cycle, film and TV shows currently do zero marketing or product market fit. This means that the industry is wasting billions of dollars annually, and our technology solves that inefficiency."

With credits to his name like projects with Matt Damon and Jimmy Kimmel for giants such as Netflix and Disney, CEO Daril Fannin spearheaded KINO alongside Austin Worrell. Austin, COO, is a seasoned tech entrepreneur with impressive credentials from USC Law and the London School of Economics.

Austin Worrell, Co-founder, KINO: "The film and television creator economy is drastically changing - has drastically changed with the rise of the internet, and crucially social media apps like Instagram and Tik Tok. KINO empowers artists to harness these changes, unlocking new revenue streams and pushing for fairer industry standards."

Already, KINO captivates over a million film aficionados monthly. Its avant-garde app, available for early access on the App Store, offers a plethora of features from celebrity live-streams and exclusive behind-the-scenes content to authentic movie merchandise and exclusive red-carpet event tickets. With a powerful lineup of advisors and partners from industry giants like Netflix, Disney, HBO, and more, KINO is poised to make waves.

Tobias Bauer, Partner, Blockchain Founders Fund: "The film and TV industry has often lagged in tech adoption. KINO's groundbreaking approach bridges this gap, tapping into the creator economy and redefining audience engagement. We're thrilled to back their vision."

www.kino.studio