202120 Dec

ADX Labs invests $10M in Vū Technologies

Summary

Vū Technologies intends to utilize the entirety of the seed stage investment to rapidly build advanced new virtual production campuses in Las Vegas, Nevada, Nashville, Tennessee and a to-be-decided location in northeastern United States. Steven M. Renner, founder of ADX Labs said, “Vū Studios represents the pinnacle of virtual production technology and integration. “Exciting, because Vū Studios provides producers of Hollywood blockbusters, episodic and streaming TV shows, advertising agencies and corporate video houses with startling creative and economic advantages. Essential, because the enduring global pandemic demands unprecedented safety on sets and locations, which Vū Studios facilitates. Headquartered in Tampa Bay, Florida, the Vū Studios network will add new campuses in Las Vegas, Nevada, Nashville, Tennessee and northeastern United States in early 2022.

Source: Reportablenews

Funding

$17M
Amount
Dec 20 2021
Date
-
Investor
Vu Technologies
Company

Classifications

Companies