Vū Technologies, a Tampa, FL-based company which specializes in virtual production and a network of virtual studios, received an investment from Accenture Ventures.
The amount of the deal was not disclosed.
The company intends to use the investment to expand operations and its business reach.
Led by Tim Moore, CEO, Vū is a technology company specializing in virtual production, which combines real-time computer-generated imagery with live-action filming to create immersive and engaging experiences. Vū’s technology platform enables users to create branded film and video content. Companies using virtual production studios can save up to 40 percent in travel time and transportation costs, leading to a reduced carbon footprint. Virtual production can also offer control of the creative process, mitigating such factors as times of day, weather conditions, and difficult-to-access locations.
Over the last two years, Vū has leveraged the tools of virtual production to produce memorable immersive environments and visuals for the likes of Amazon, CBS Sports and Disney. Recently, it introduced Vū One, an all-in-one production studio solution that removes the complexity of virtual production. Fueled by Virtual Studio technology, Vū One is engineered to make virtual production accessible to all. It brings an entire ecosystem of creative tools and applications, including Vu.ai, the company’s own generative AI workflow tool that enhances pre-built virtual environments and creates workflows based on image and text prompting.
FinSMEs
23/11/2023