Atlanta startup FilmHedge gets capital injection to expand team, financing capabilities
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FilmHedge, a financial technology startup that finances movie and TV productions, is halfway through a $5 million raise and took on a $100 million credit line of debt, CEO and founder Jon Gosier said. The combination of equity and debt funding will allow FilmHedge to build out its software development team as well as increase its capacity to finance more films. New York-based early-stage investment firm WOCstar fund led the equity round with $1 million. The Savannah College of Art and Design invested…
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