The funding will enable Dimension to continue to expand its capabilities around developments such as the metaverse, volumetric filming and virtual production
Creative UK has invested £1 million in volumetric content and virtual production specialist Dimension Studio through its Creative Growth Finance fund.
The investment was completed in two rounds, with the first part of the investment made in December last year.
Dimension initially launched in 2014 as VR studio Hammerhead and rebranded to Dimension in 2020 after adding virtual production and volumetric capture to its capabilities.
Its recent productions include the Balenciaga - Afterworld: The Age of Tomorrow video game, Coldplay x BTS My Universe holograms (pictured), and virtual production services on Disney’s forthcoming Pinocchio.
Mehjabeen Patrick, chief investment officer, Creative UK, said: “We are delighted to make a second investment into Dimension Studio through our Creative Growth Finance fund. We’ve been working in partnership with Dimension for six years and in that time, they’ve grown from strength to strength, solidifying their position as a global leader in the immersive content sector. This latest round is a testament to the value we place on long-term partnerships with our investee companies.”
Simon Windsor, co-founder and co-CEO, Dimension, added: “Creative UK understands the importance of investing in new forms of creative content and has supported us in reaching the levels of unprecedented growth we’re experiencing today. This further investment enables Dimension to continue to expand its capabilities and advance market opportunities that embrace the metaverse, volumetric filmmaking and virtual production.”
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