Mubi Responds To Backlash Over Israeli Defence Startup Investor Link

Mubi Responds To Backlash Over Israeli Defence Startup Investor Link

Business


Distributor Moby responded to the reverse reaction to the last investment source – at a value of $ 100 million from Sikoya Capital.

Puck reported last month that Mobi had received the amount from Sequia, a company based in Silicon Valley with investments in a wide range of companies, from Apple to Bytedance and also with close relationships with Kela operating start, which was established in 2024 by a group of Israeli intelligence. Enabling military units to integrate artificial intelligence and commercial technology.

This comes against a polarized discussion in the cultural and creative circles related to the Israel-Gaza dispute and some online calls to Mobi Province. Some clients online say they canceled their subscriptions, and films told Palestine that he was “terrified” by Mobi's decision. “This is unacceptable, and we are asking Mobi to return the investment,” he wrote in a post on Instagram.

Mobi now responded, sharing this statement on the Instagram account on Saturday:

“Since our founding, Moby collected money from a number of sources to help us grow. Our decision to work with external investors has always served one purpose: to accelerate our mission of providing bold and vision films to the global fans. This was the logical basis behind our recent partnership with Sequoia Capital.

“Sequoia has a history of more than 50 years of partnership with the founders to help convert their ideas into changing business globally. Sikoya investments extend to a group of founders, industries and geographical industries. We have chosen work with Sikoya because the company and our corners in Sequoia Andrew Reed, support the mission of Mobi and we want to get the large size and bring more individuals throughout the world.

Over the past few days, some members of our society have commented on the decision to work with Sikoya, given their investments in Israeli companies and the personal opinions that one of their partners expresses. The beliefs of individual investors do not reflect the views of Mobi.

“We take reactions from our society seriously, and we are steadfast in staying an independent company led by the founder.”

Mobi went previously at a purchase festival at the Cannes Festival, including spending $ 24 million on I die my loveStarring Jennifer Lawrence and Robert Pattinson. The biggest cinematic success so far is ArticleWhich achieved nearly $ 80 million at the box office and brought Demi Moore the candidacy of Oscar earlier this year.





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