NKF advises Largo Films on financing round
Niederer Kraft Frey (NKF) advised Largo Films, a data-driven moviemaking company, throughout its Series A financing round.
Californian firms TI Capital Management and QBIT Global Ventures Fund co-led the seed capital round in question. Hollywood actor Sylvester Stallone, Boston’s Atreides Management, former Vice Chairman and Chief Operating Officer of Microsoft-owned Activision Blizzard Thomas, and Swiss private equity firm DAA Capital further contributed to back the operation.
The company
Founded in 2018 as a spin-off from the Ecole Polytechnique Fédérale de Lausanne (EPFL), Largo Films’ ambition as a startup lays in putting AI in service of the audiovisual industry with data-driven analytics.
Upon this direction, their in-house Largo.ai platform provides data-assisted intelligence to support film projects across different exigencies, from script development to theatrical release. Largo’s technologies are currently utilized across a wide array of media types, such as TV, advertising, and film.
The team
Corporate/M&A partner Karim Piguet (pictured) led the NKF team on the transaction, working alongside senior associate Melania Sirbu and junior associate Jonathan Fumeaux (both Corporate/M&A).