Fonds de solidarité FTQ, Média-Participations invest $7.5 mln in Frima
Frima Studio, a developer of multi-platform video games and digital entertainment, has obtained $7.5 million in financing. The investors were the Fonds de solidarité FTQ and European media business Média-Participations, which have assumed a minority interest in the company. Frima, which has its headquarters in Québec City, said the proceeds of the deal will help it to pursue development and sale of entertainment products and brands. It said the partnership with the two investors will also support acquisitions by the company in Canada and abroad. Frima was co-founded in 2003 by Steve Couture, Philippe Bégin and Christian Daigle.
10 April 2015•5 mins read
