The Danish film company Nordisk Film has invested $ 10 million in the developer of the games Mad Max and Just Cause studio Avalanche.
The investment makes Nordisk Film a minority owner of the gaming company. Nordisk Film Director Allan Mathson Hansen will join Avalanche’s board of directors.
We invest heavily in game projects and look forward to working with Avalanche Studios to take the company to a new level. The games fit our profile very well.
director of Nordisk Film
Avalanche announced that they will use these funds to develop their presence in the international gaming market.
Nordisk Film operates the largest cinema chain in Denmark and Norway.
In early April of this year, Nordisk Film together with the Japanese mobile publisher gumi inc established a business incubator for the development of VR startups.
Source: Venture Bea t