Aimed at creating one of largest animation/VFX studios in Europe, the double operation sees SETT, a Spanish sovereign venture capital fund, investing €24.9 million ($28.8 million) in Anima Kitchent
Plus IconJohn Hopewell
Chief International Correspondent
john_hopewell See All
Cuquin (Courtesy of Anima Kitchent) Supercharging Canary Island animation studio Anima Kitchen, VFX giant DNEG has acquired the Canary Islands’ Anima Kitchent.
The operation is backed by the support of the state-owned Spanish Society for Technological Transformation (SETT), a sovereign venture capital fund which has invested €24.9 million ($28.8 million) in Anima Kitchent. The joint investment, which sees both entities becoming Anima Kitchent shareholders, will be channelled via DNEG’s ReDefine Originals, an animation studio and creative incubator.
Related Stories
