Dimension Studio’s investment to “fuel international growth”

Real-time virtual production company Dimension Studio, known for its work on Sony Pictures’ Whitney Houston biopic I want to dance with someoneApple TV+ miniseries Masters of the Air, and the upcoming Peacock Gladiator series Those who are about to die (Peacock), has received a major investment from US private equity firm Growth Catalyst Partners (GCP).

The companies did not disclose financial terms, simply calling the capital injection a “multi-million pound investment”, saying it would “fuel Dimension’s international growth, expanding production capabilities across major markets including the UK, US and Europe.

Dimension also touted that the funding would “accelerate” its end-to-end “virtual production pipelines, technology advancements, and education and training” as Dimension continues to embrace the future of real-time technologies and artificial intelligence.

For GCP, “the investment provides an exciting platform to diversify into the next generation of film and entertainment production, with Dimension’s work in virtual production, visualization and virtual humans already widely adopted by major players in cinema, broadcasting, sports, music and localization. based entertainment productions,” the partners said. GCP’s investment portfolio also includes companies such as digital studio and consultancy Squint/Opera, design and branding firm ICrave, and “design and innovation studio” Journey.

At the end of April, the visual effects giant DNEG, Oscar winner notably for the film by Denis Villeneuve Dune and that of Christopher Nolan Principle and also worked on The last of us and season 4 of Stranger Thingshas launched a new division, called DNEG 360, which is operated by Dimension.

Dimension, which has 240 employees, will officially open a major virtual production studio complex in west London in the coming weeks in collaboration with DNEG 360 and Sunbelt Rentals. “The studio has one of the largest volumes of LEDs in Europe, as well as performance, vehicle and volumetric capture stages,” according to the company.

“The rapid acceleration and convergence of real-time, volumetric and AI technologies are increasingly providing unprecedented creative opportunities for filmmakers and storytellers, bringing with them revolutionary production approaches, new efficiencies and best quality,” said Simon Windsor, co-founder. and co-CEO of Dimension. “Dimension has built one of the largest and most experienced virtual production teams and, as demand for our services continues to grow, we are excited to partner with the exceptional team at GCP to invest in our sheet exciting journey and expansion of our business in the UK and globally. production capacities. »

James O’Callaghan, Managing Director of GCP, said: “Dimension is at the forefront of the next generation of content creation and filmmaking. It has grown from a small British studio to a global production provider that…