CULT! is utilizing equity crowdfunding to finance a biopic about Paralympic athlete Andrea Lanfri, exemplifying a progressive shift in the Italian audiovisual sector towards more inclusive funding models.

Information on the Target

CULT! is an innovative audiovisual production startup that has recently ventured into the realm of equity crowdfunding to finance a biopic about Andrea Lanfri, a Paralympic athlete and extreme climber who successfully scaled Mount Everest after undergoing a significant amputation. Their mission is to make cinema more accessible not just on a consumption level, but also as an investment opportunity.

This venture exemplifies how equity crowdfunding can introduce new possibilities within the audiovisual sector, particularly by attracting investments for creative projects that traditionally face high risks but also possess substantial cultural and economic return potential.

Industry Overview in Italy

The Italian audiovisual industry has seen significant transformation over the years, yet it remains heavily reliant on traditional funding models. Public funding, primarily through the Ministry of Culture and European programs like Creative