article thumbnail

Akatsuki Lauches $50M Entertainment Investment Fund

socalTECH

Japanese entertainment firm Akatsuki has launched a brand new, Los Angeles-based entertainment fund, called the Akatsuki Entertainment Technology Fund (AET Fund) , which will invest in augmented reality and other entertainment technology, the Japanese company announced on Tuesday. READ MORE>>.

article thumbnail

YouTube Creates New $100M Fund For Children's Content Creators

socalTECH

In a move that may have a huge impact on the content creation business in Los Angeles, YouTube said on Wednesday that it has created a new, $100M fund, which it will disburse over the next three years, which will go towards the creation of "thoughtful, original" children's content for YouTube and YouTube Kids.

Content 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Dreamscape Immersive Raises Series A Funding For VR Entertainment Centers

socalTECH

Los Angeles-based Dreamscape Immersive , a developer of immersive, virtual reality entertainment experiences, said on yesterday afternoon that it has raised a Series A financing round. Size of the funding round was not announced, however, a regulatory filing indicates around $11.36M was raised in the round.

article thumbnail

3BLACKDOT Gets Funding From Legendary Entertainment

socalTECH

Los Angeles-based 3BLACKDOT , which develops mobile entertainment titles, has raised a round of strategic funding from Legendary Entertainment. Size of the funding was not announced. 3BLACKDOT is the developer of mobile game Zombie Killer Squad, among other titles. The company is led by Angelo Pullen.

article thumbnail

Machinima.com Raises $9M for Entertainment Content

socalTECH

Los Angeles-based Machinima.com , an online entertainment site focused on video gamers, has raised $9M in a investment from Redpoint Ventures, the firm said this week. The firm said the Series B funding round will go towards accelerating further growth at the company. READ MORE>>.

article thumbnail

Encantos Raises $2M For Family Education, Entertainment Service

socalTECH

Culver City-based Encantos , a developer of family entertainment and education titles, has raised $2M in a seed funding round, the company announced this morning. The startup said it will use funding for its subscription services, which revolve around hands-on craft activities for pre-school and primarly school age children.

Education 113
article thumbnail

Qualcomm, Disney, UTA Back The VOID For VR Entertainment

socalTECH

Three, Southern California investors--Qualcomm Ventures, Disney, and the United Talent Agency--have backed the developer of a network of "experience centers" focused on virtual reality entertainment, as part of a newly disclosed Series A Funding. READ MORE>>.