News

Wonder Studios, backed by OpenAI, DeepMind execs, raised $12M to bring AI content to Hollywood

Media & Entertainment News | TechCrunch · Rebecca Bellan · last updated

London-based AI creative studio Wonder Studios has raised $12 million in seed funding to scale production amid a push to bring AI-generated content into the entertainment industry.

The round was led by Atomico, alongside existing investors LocalGlobe and Blackbird, and builds on Wonder’s pre-seed investment, which included executives from ElevenLabs, Google DeepMind, and OpenAI.

Wonder will use the fresh funds to double its engineering team and accelerate its push into IP ownership and original content production. The team recently produced an AI music video for Lewis Capaldi’s ‘Something in the Heavens’, created with DeepMind, YouTube, and Universal Music Group. Wonder also released its first original production, the “Beyond the Loop” anthology series.

Wonder is working on several commercial and original projects for release next year, including an upcoming documentary with Campfire Studios, the production company behind Netflix documentaries “The Menendez Brothers” and “America’s Sweethearts: Dallas Cowboys Cheerleaders.” Campfire’s CEO Ross Dinerstein is an investor in the startup.

Related Knowledge Center: Artificial intelligence

State of Play

On top of a failing business model, newsrooms must navigate the powerful — and not fully reliable — new capabilities of artificial intelligence and the deployment of large language models.

State of the business model | Copyright and intellectual property


More informationabout Artificial intelligence