Funko Purchases Mondo
According to a news release on Funko’s website, Funko, Inc. has acquired Mondo, which was founded in 2001 by Rob Jones and Tim League, and was a previously a subsidiary of Alamo Drafthouse Cinema. Mondo is a high-end pop culture company that creates vinyl records, posters, soundtracks, toys, apparel, books, games and other collectibles. Mondi had previously published board game titles The Thing: Infection at Outpost 31 in 2017, A Gentle Rain in 2021, and was partnered with Restoration Games for the publication of the Unmatched series of miniatures battle games. Now, Restoration and Mondo reorganized their relationship in 2021, so the sale should not affect the Unmatched titles in any way.
“Mondo’s devoted fan base and high-end pop culture collectibles make it the perfect complement to Funko’s current portfolio of brands. By leveraging our international distribution and licensing network, we feel well-positioned to expedite the growth of the Mondo brand,” said Chief Executive Officer Andrew Perlmutter. “It’s an exciting opportunity to couple Mondo’s already stellar product assortment and aesthetic with Funko’s massive property library.”
Funko, Inc. is a leading pop culture lifestyle brand which designs, sources and distributes licensed pop culture products across multiple categories for consumers who seek tangible ways to connect with their favorite pop culture brands and characters. Funko is also involved with the games industry, having many titles published from their in house design team at Prospero Hall.