Patrick Frater Asia Bureau ChiefAuckland, New Zealand-based financier Hillfarrance Venture Capital is backing a team of former Weta Digital staff in their new VFX venture Wellington-based Floating Rock Studios.
Founded in 2020 by Laurent Herveic, Lukas Niklaus, Stephanie Parker and Garrick Rawlingson, Floating Rock Studios bills itself as a high-end animation and VFX provider for movies, commercials and video game cinematics.
The technology unit of Peter Jackson’s Weta Digital was acquired by games development platform Unity Software in late 2021 for $1.63 billion.
The founders of Floating Rock have combined experience includes on films for major studios including “Aladdin,” “The Angry Birds Movie,” “Avengers: Infinity War,” “The Hobbit 3,” “Hotel Transylvania,” “Justice League,” “Jungle Book,” “Peter Rabbit 2,” “Smurfs: The Lost Village,” and “Spider-Man: Into the Spider-Verse,” which won an Oscar for best animated feature film.” Hillfarrance is a NZ$35 million ($21.6 million) early-stage venture fund investing in audacious Kiwi founders developing innovations at the cutting edge of media, artificial intelligence and climate change.
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