Existing investor Summit Partners remains MUBI’s largest shareholder, supporting the company’s continued growth as a global leader in prestige cinema
MUBI, a global streaming service, production company and film distributor focused on independent and prestige cinema, has secured a $100 million growth investment led by Sequoia Capital, as reported in the Financial Times. Summit Partners initially invested in MUBI in 2021 and remains the company’s largest institutional shareholder.
Founded in 2007 by CEO Efe Cakarel, MUBI has grown from a boutique streaming platform into a global media company with a fully integrated ecosystem that spans streaming, theatrical distribution and original content production. Since Summit’s 2021 investment, the company has expanded its global footprint to more than 190 countries and increased its subscriber base more than fivefold, all while delivering consistent growth.
>> Read more about Summit’s partnership with MUBI.
“Summit has been an invaluable partner to me — offering not just strategic insight and operational guidance but also the trust and conviction that I hoped for as a founder,” said Efe Cakarel, Founder and CEO of MUBI. “Their support has been instrumental as we’ve scaled our technology, expanded our content pipeline and attracted key executive talent. With Summit by our side, we’ve built MUBI into a global destination for prestige cinema.”
MUBI’s recent slate of films has garnered widespread critical acclaim, with multiple titles premiering at top global festivals and earning nominations at the Academy Awards, BAFTAs and Cannes Film Festival. Proceeds from the new round will be used to accelerate investment in content acquisition, original productions, global brand-building and M&A.
“MUBI is one of the few media companies we’ve seen that combines strong creative vision with the economics of a high-growth tech platform,” said Han Sikkens, Managing Director and Head of Europe at Summit Partners and a member of the MUBI Board of Directors. “Since our initial investment, the company has scaled significantly while maintaining discipline, profitability and global cultural relevance. Efe and the team continue to build something truly differentiated — and we’re proud to remain their long-term partner.”
Read more in the Financial Times and explore our partnership with MUBI.
Certain statements about Summit Partners made by Efe Cakarel herein are intended to illustrate Summit Partners’ business relationship with MUBI and Mr. Cakarel, including with respect to Summit Partners’ role as a business partner, rather than reflect Summit Partners’ capabilities or expertise with respect to investment advisory services. Mr. Cakarel was not compensated in connection with his participation or statements; however, he has received and continues to receive compensation and investment opportunities in connection with his role at MUBI. He is also the owner of portfolio company securities and/or investor in Summit Partners’ sponsored vehicles. Such compensation and investments subject Mr. Cakarel to potential conflicts of interest in making the statements herein.
Related News
Get the Latest from Summit Partners
Subscribe to our newsletter to stay up to date on our partners, portfolio, and more.