For Avium, for all? Say hi to Avium. They're a web3 media startup here to build a Southeast Asian entertainment brand and studio network to produce original content. Now, they've just raised a $2M pre-seed led by Saison Capital.

• Not new to the scene. Avium's co-founded by Ivan Yeo, founder of EVOS, the largest esports organization in SEA with 100M followers across their talent network.

Investor check. East Ventures, Mirana Ventures and Hepmil Media Group also joined in.

• 👼🏻: Ricky Ow (Ex-APAC President, WarnerMedia)

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🎬 How it works

They're building Southeast Asia's largest network of creative studios.

The difference? They're using the decentralized infrastructure of web3 to make the process better.

At the core of it all is their Founders' Pass NFT collection, which allows holders (founders, creators, artists) to access the exclusive community and the Avium founding team.

• They'll get rights to build with the studios and producers as well as use Avium's IP (intellectual property).
• Say bye to gatekeepers or production executives getting in the way!
• Web3 will incentivize community contribution, bring more skin to the game and more fairly value skillsets brought to the table.

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🧐 Made possible by...

Avium brings together stakeholders across the end-to-end value chain to create and produce all kinds of animated content. These include:

• First, the development of original studio entertainment (through creatives, digital artists, rendering teams, producers and more)
• Second, the creation of media and consumer products (through comics, animations and merchandising)
• Lastly, distribution through media networks (through content creators and esports channels)

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🤯 The real deal?

Top art and animation companies are joining in. Companies like Caravan Studios and Circle Studios have onboarded onto Avium.

• They've developed and created entertainment IP for Marvel Comics, Netflix, Prime Video, Lego, Legends of Runterra, Clash Royale, Tencent, DOTA and more.

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🔜 What's next

The new $$$ is to build the company's brand and IP by funding original content, publishing stories in the media and building a content creator network and esports presence.

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Disclaimer: While BackScoop doesn't have any direct investment in Avium, the writer of this article holds an Avium Founders' Pass.