Indie Film, TV Financer Bondit Media Capital Expands To Canada In Partnership With Arcana Studio

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EXCLUSIVE: Bondit Media Capital, which became an important funder for independent film and television during Covid, is partnering with Vancouver-based Arcana Studio to launch Bondit Canada Capital.…

Bondit, co-founded by Helderman and COO Luke Taylor in 2013, has originated lending totaling over $5.25 billion in funding to over 325 feature films and television shows, including 2018 Academy Award-nominated. That figure is all the funding that Bondit facilitated and includes $150 million it invested directly and $100 million it channeled through hedge funds and family offices it works with.

As pandemic insurance and bank financing dried up after Covid-19 hit last year, Bondit significantly raised its profile and has financed and completed production on over 40 film and TV projects in the $8 million-$10 million range since last June. Bondit’s credit facility with hedge fund Revere Capital was expanded earlier this month to $70 million from $20 million. Bondit is backed by publicly-traded Accord Financial, which provides financing to a range of industries.

Arcana has a 5,000 character IP library including one of the world’s largest in graphic novels. It opened an animation division in 2012. It’s releasing

 

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