Monday, December 13, 2021

Wonder Dynamics, Founded By Ready Player One Actor, Raises $9M For AI

Los Angeles-based Wonder Dynamics, a startup founded by actor Tye Sheridan of "Ready Player One", said it has raised $9M in a Series A funding round. The funding was led by Horizons Ventures and also included Epic Games and Samsung Next. The company said it is building artificial intelligence (AI) technology for the film and "Metaverse" markets. The company said it is developing AI-powered production tools, which provides improved cost and speed for media production and post-production. Sheridan is best known for his role in Ready Player One, which centered on an augmented reality world, and also was in X-Men: Apocalypse, among with other films.