Deep Voodoo, a Los Angeles CA.-based artificial intelligence entertainment startup formed by Trey Parker and Matt Stone, has announced that it has secured a $20 million investment.
The investment was led by Connect Ventures, an investment partnership between leading entertainment and sports agency Creative Artists Agency (CAA) and global venture capital firm New Enterprise Associates (NEA).
The invested capital will accelerate Deep Voodoo’s development of its leading deep fake technology, cost-effective visual effects services, and original synthetic media projects.
Connect Ventures’ investment represents the first external capital raised by Deep Voodoo. Parker and Stone’s independent entertainment company, Park County, entirely funded Deep Voodoo’s research and development prior to this investment round.
With Connect Ventures’ investment, Deep Voodoo has begun offering its unrivaled face-swapping visual effects to artists, producers, and creators around the world.
Company: Deep Voodoo
Raised: $20.0M
Round: Unknown
Funding Month: December 2022
Lead Investors: Connect Ventures
Additional Investors: Creative Artists Agency, New Enterprise Associates
Company Website: https://www.deepvoodoo.com/
Software Category: Synthetic Media Technology Platform
About the Company: Deep Voodoo has established itself as a leading synthetic media technology platform that has already impacted traditional entertainment. Deep Voodoo uses artificial intelligence to support productions in innovative ways that are faster and more cost effective than traditional VFX technology,” said Michael Blank of Connect Ventures. “Connect Ventures is thrilled to lead the investment in Deep Voodoo, providing unique access to CAA and NEA’s resources and relationships.
Source: https://www.deepvoodoo.com/press/trey-parker-and-matt-stones-deep-fake-company-deep-voodoo-announces-20-million-investment