Edge Investments, the specialist investment house focused on the creative industries sector, has taken a stake in factual indie Antidote Productions.
Antidote was founded by BAFTA winning filmmaker Laura Jones and factual TV expert Leila Monks.
Its credits include Professor Green Suicide and Me (BBC 3), which was nominated for five awards,YouTube Revolution for National Geographic Channels Global, and shortform series Breaking into Prison for BBC iPlayer.
The company is currently in production on projects for broadcasters in the UK and North America.
Led by Edge Investment Manager Jo Smith, this marks the first investment from the Edge Creative Enterprise Fund into UK television production. Smith will take up a seat on the board of the Company.
Edge said in November that it planned to invest up to £10m in a range of small TV indies.
Edge has a total of £40m to invest across the creative industries. It was launched with backing from the British Business bank in November 2015
Edge’s deal with Antidote originated from the 2016 Indielab programme, led by Victoria Powell, which aims to equip independent production companies with the knowledge, skills, networks and investment they need to scale their businesses.
Edge Investment Manager Jo Smith, commented: “We are thrilled to partner with Laura and Leila: in a short space of time they’ve built a fantastic business and have a clear vision on how they want to grow. We believe Edge has the perfect breadth of experience to support Antidote as it enters the next stage of strategic growth.”
Laura Jones and Leila Monks, Co-Founders of Antidote, jointly said: “We are really excited about this deal. We’ve worked hard to build a company and brand that we’re extremely proud of. Partnering with Edge, a leading name in the creative industries, will enable us to capitalise on the momentum we’ve created thus far and realise the full potential of Antidote both here and internationally.”
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