$10M Seed Round Powers Vu Technologies to Rapidly Build the World's Largest Virtual Production Studio Network for Film and Video
Tampa Bay, Florida--(Newsfile Corp. - December 20, 2021) - Vū Technologies, creator of the highly disruptive virtual production Vū Studio for film and video, announced today it has closed on a $10 million seed investment from Minneapolis-based ADX Labs, Inc. The investment appears to be the largest seed investment in Tampa Bay startup history.
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- World's largest studio network for film and video to come online in Q1/Q2.
- Producers and directors no longer need the entire cast and crew in one studio or location, and enjoy game-changing savings and enhanced safety.
- Patented Vū technologies built into the Vū Max, Vū Pro and Vū Essential.
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About Vū Technology
Vū Technologies Corp (Vū) is a company specializing in virtual production of advertising and corporate video, film and episodic television with a fast-growing network of studio campuses across North America. 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. Unlike conventional filmmaking, virtual production allows filmmakers to shoot photo realistic virtual environments in studio instead of having to travel on location, saving both cost and time. As the national leader in virtual production technology and methodologies, and owner of several fundamental patents in the field, Vū is quickly becoming the largest and most important virtual studio network in North America. Learn more at https://vustudios.com.
About ADX Labs
ADX Labs, Inc. is an American technology and services company focused on providing a range of innovative products and services for individuals, home-based businesses, and the small to medium enterprise market. ADX develops or invests in cloud computing and applications, cybersecurity, artificial intelligence and machine learning, a console and casual game development studio, fintech and blockchain, virtual film and television production, music content and technology, and other crucial aspects of today's technological world. ADX Labs, Inc. is the core company in a global group of technology, entertainment and services brands and businesses. Learn more at https://adxlabs.com.
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