The GD Entertainment Fund has signed on to co-finance a range of Imira Entertainment shows.
The deal completes the funding for animated titles Lucky Fred and Bat Pat, both of which will now enter production.
“We are proud to have been selected as the first partner for GD Entertainment Fund and look forward to a successful and fruitful collaboration," said Sergi Reitg, CEO of Imira Entertainment.
"The financial investment in four titles from our development and production slate is fantastic news as we head to MIPCOM and Brand Licensing Europe where we will be looking to sign strong partners for the properties including additional broadcasters and licensing deals.”
The investment from GD Entertainment will also cover a percentage of the budget for new Imira Entertainment’s new shows Escape Hockey and Mondo Yan, which was recently showcased at the Cartoon Forum.
Mondo Yan follows Xia, a brave samurai who can ‘master anything but his teenage life’ while Escape Hockey is a space adventure following Dan, a boy who taken to the planet of Plutonium and has to win the Escape Hockey Tournament to get home.
The series will be produced in the innovative ‘Watch & Play’ format which combines animation with video games that are integrated in each chapter allowing real-time interactivity.
“We are very pleased to announce our first tranche of investment, and see fantastic potential in our partnership with Imira Entertainment across these series," said Julio Fraile, co-CEO and general managing partner of GD Entertainment.
"The company has a strong track record and this IP demonstrates just the type of long-term global opportunities we are looking for."
This partnership marks the first investment for the Fund, and the firm will be attending MIPCOM to continue its attempts to boost its portfolio.
"We are heading to MIPCOM looking to extend and diversify our portfolio with IP from a variety of genres and sources," added Co-CEO and general managing partner Jesús Adrián.
"This deal signifies a strong start for GD Entertainment Fund.”