UK pubcaster Channel 4 has acquired an equity stake in factual producer Voltage TV.
The investment is part of the British pubcaster’s £20 million (US$31.3 million) Growth Fund, which it launched last year to help grow small- to medium-sized creative companies based in the UK.
Founded two years ago by former Dragonfly Film and Television heads Sanjay Singhal (pictured, left) and Steven Nam (right), the indie production company is behind such factual and documentary titles as X-Ray Mega Airport for Discovery Networks International, The British Property Boom for Channel 4 and Extreme At 18 for BBC3.
Singhal spent 15 years at the BBC before becoming Dragonfly’s MD and Nam ran the coproduction division at the BBC for more than 10 years before joining Dragonfly as COO in 2009.
In March, Channel 4 took an equity stake in Renowned Films through the Growth Fund. The portfolio also includes Arrow Media, Eleven, Lightbox, Popkorn and True North.