Source: Startit | Monday, 12.04.2021.| 12:58
Highlight an article Print out the news

Wonder Dynamics from Novi Sad receives USD 2.5 million investment

Illustration
Illustration (Photo: Pavel L Photo and Video /shutterstock.com)
Wonder Dynamics, a startup launched in 2017 by Taj Sheridan, an actor known for the film “Ready Player One”, and Nikola Todorovic, a video effects expert, took the first round of investments.

The company is based in Los Angeles and Novi Sad, and is engaged in technological innovations in the field of visual effects, where they want to take advantage of artificial intelligence in creating a platform for VFX with significantly lower production costs.

As it is stated, this startup just took around USD 2.5 million in the first round of investments, and it is possible that another round will be organized in the summer.

Wonder Dynamics intends to use the funds to strengthen their AI and VFX teams, and technology testing is planned for a film project this year.

The co-founders hold three patents, and it is believed that the company will become profitable when clients start using the technology to reduce the cost of visual effects in their films.
Only logged-in users can comment.
Follow the news, tenders, grants, legal regulations and reports on our portal.
Testiraj besplatno!
Register for our daily business bulletin, which is sent to your email address at the end of each work day.
Full information is available only to commercial users-subscribers and it is necessary to log in.
Test for free!
Testiraj besplatno!
Full information is available to commercial users-subscribers only.
Testiraj besplatno!

Log in to view complete information:
Forgot your password? Click here HERE
For free test use, click HERE