Funding

Spanish Government Invests Another $7.4M In Animation, Backing Canary Studio Amuse Animation

about 12 hours ago

Image via cartoonbrew.com

Spain's government has committed $7.4 million to Amuse Animation, a Canary Islands-based animation studio, continuing its push to build out the country's domestic animation industry. The investment follows a earlier $28.8 million backing of Anima Kitchen, signaling a sustained state-level strategy to cultivate homegrown animation talent and production capacity.

The back-to-back investments position Spain as an increasingly active public funder of animation, channeling significant capital into studios at different scales and regions of the country.