Key facts
- VFX giant DNEG has acquired the Canary Islands' animation studio Anima Kitchent.
- The operation is backed by Spain's state-owned Society for Technological Transformation (SETT).
- SETT has invested €24.9 million ($28.8 million) in Anima Kitchent.
VFX giant DNEG has acquired the Canary Islands-based animation studio Anima Kitchent. This acquisition is supported by the Spanish Society for Technological Transformation (SETT), a state-owned venture capital fund. SETT has invested €24.9 million, equivalent to $28.8 million, into Anima Kitchent as part of this joint investment. The deal aims to enhance the capabilities and reach of Anima Kitchent within the animation and visual effects industry.