Toronto-Based Vfx Startup Marz Raises $5.3M To Develop Ai Technology Solutions
12/02/21, 11:00 AM
Location
torontoMoney raised
$5.3 million
Technology and visual effects startup Monsters Aliens Robots Zombies (MARZ) has raised $5.3 million in Series A funding. The investment was led by Round13 Captial with participation from Rhino Ventures and Harlo Equity Partners. MARZ plans to use the funding to grow its core VFX business and accelerate the development of its ‘AI for VFX’ technology solutions.
Company Info
Location
toronto, ontario, canada
Additional Info
Bronfman said that while the majority of funding will be allocated to the development of proprietary AI solutions, it will also help the company accelerate its growth in its traditional VFX services business, which he says is synergistic with MARZ’s AI business. The company has worked on 88 projects in its first three years since launch, including Marvel’s “WandaVision,” HBO’s “Watchmen,” Netflix’s “The Umbrella Academy” and Apple TV+’s “Invasion.” The company plans to create a suite of automated AI-driven products that are integrated into both VFX and gaming technology.