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Virtual Production Specialist DGene Raises $20M In Series A Funding Round Led By Alibaba

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deadline.com
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EXCLUSIVE: DGene, an emerging content creation company involved in virtual production and immersive entertainment, has raised a $20 million Series A funding round led by Alibaba.The Chinese tech giant had also invested in the company in a prior phase before the Series A.

DGene, which was founded in Shanghai, has staffed up in the U.S. and ramped up Hollywood activity of late, including opening a volumetric capture stage in Baton Rouge, LA.

The 900-square-foot facility uses artificial intelligence to create holograms of humans and objects for use in AR, VR, holographic displays, mixed-reality glasses and framed video.

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