Mubi CEO Efe Cakarel has written an open letter in response to criticisms of controversial US firm Sequoia Capital’s investment in the company.

Cakarel said accusations that Mubi is complicit in events in Gaza are “fundamentally at odds with the values we hold as individuals and as a company” and pledged to create both an ‘Ethical Funding and Investment Policy’ and establish an ‘Artists At Risk Fund’.

Read the letter in full

Mubi has received significant criticism from across the film industry following the $100m investment it received from US firm Sequoia in May. Since then, details have emerged of investments Sequoia also has in Israeli defence technology firm Kela, which is developing an operating system to enable militaries to integrate artificial intelligence and commercial technol

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