A New Studio Aims To Make Movies For The Metaverse


A Los Angeles-based film animation studio and the video game developer behind the global sensation “Fortnite” announced today that they are teaming up to create movies that can be “seamlessly worn ” in the metaverse. Spire Animation will use technology from Epic Games to create its characters and worlds, blending the big screen and gaming realms.

Here’s what else we’re reading in the news:

– Creator Now, an online film school for YouTubers, raises $3 million in seed funding.

– LA based EVgo is opening of electric vehicle charging stations in the Midwest in partnership with the food chain Meijer.

– Stage, a digital community dedicated to supporting patients with breast cancer, spear.

– Universal Hydrogen, which converts aircraft to run on hydrogen, partners with French airline Amelia.

-NFT will make an appearance at this year’s Coachella Music Festival.

Spire Animation Plans To Introduce Movies Into The Metaverse

Spire Animation Studios, a new animation company co-founded by “Ratatouille” producer Brad Lewis, has raised $20 million in funding led by “Fortnite” video game developer Epic Games.

Launch House raises $12 million to expand into the metaverse

The live startup accelerator — which started in a Beverly Hills mansion in 2020 — plans to expand its residency program to new locations and roll out verticals like Hack House, which it touts as a launch home for engineers.

Snap launches virtual live concerts

Social media giant Snap is teaming up with Universal Pictures to present its first-ever virtual show, starring Jennifer Lopez and Colombian singer Maluma.

Smart TV company Adtech MNTN raises $119 million

The company specializes in the growing “smart TV” market: selling software that allows brands to buy ads for connected TV and track their performance in real time. MNTN says its platform makes serving connected TV ads as easy as advertising through online search engines or social media.

Healthy Soda Alternative Olipop will expand nationwide

Olipop rose to prominence in Los Angeles, having debuted at one of LA’s busiest grocers and amassing an enviable cast of celebrities. Today, it unveiled a new $30 million Series B funding round that it will use to grow its team, develop more flavors and products, and expand its e-commerce and wholesale channels.

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