DNEG, Spain's SETT Power Up Canary Islands' Anima Kitchent
VFX giant DNEG and the Spanish sovereign fund SETT have invested over €24 million into the Canary Islands-based animation studio Anima Kitchent. The partnership aims to establish one of Europe's largest animation and VFX production hubs.
Why it matters
This significant capital injection signals a strategic shift in the European animation industry, aiming to consolidate production capabilities in the Canary Islands.
VFX House DNEG, Spain’s SETT Supercharge Canary Islands’ Anima Kitchent With a Multi-Million Investment
The report is a straightforward business announcement regarding investment and corporate expansion.
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