Category: Startups

AIBusinessStartups

Wonder Studios Secures $12 Million Seed Funding for AI-Powered Filmmaking Venture

Wonder, an AI-driven creative studio, has reportedly raised $12 million in seed funding from investors including Atomico, LocalGlobe, and Blackbird. The startup collaborates with acclaimed directors and has produced content ranging from short films to music videos. Sources indicate the funding will support its innovative approach to film production.

Major Funding Boost for AI Film Studio

London-based AI creative studio Wonder has reportedly secured $12 million in a seed funding round led by venture capital firm Atomico, according to recent reports. The investment signals growing confidence in AI’s role in the entertainment industry, with existing backers LocalGlobe and Blackbird also participating. Analysts suggest this funding could accelerate Wonder’s mission to blend artificial intelligence with high-quality filmmaking.

by Darren Holt
InnovationStartupsTelecom

Lynk Global and Omnispace Forge Merger to Bolster Satellite-to-Phone Connectivity

In a strategic move to strengthen their position in the satellite-to-device market, Lynk Global and Omnispace have announced a merger. The deal will integrate Omnispace’s S-band spectrum with Lynk’s existing platform, positioning them against rivals like SpaceX and AST SpaceMobile.

Strategic Merger to Enhance Satellite Services

Lynk Global and Omnispace are reportedly merging to combine their assets in a bid to advance direct-to-device (D2D) satellite services, according to a joint announcement. Sources indicate that the merger will leverage Omnispace’s 60 megahertz of S-band spectrum with Lynk’s current D2D platform, which uses five low Earth orbit satellites to provide intermittent messaging in select island nations. The move aims to position the merged entity competitively against industry players like SpaceX and AST SpaceMobile, who are also securing satellite frequencies for similar services.

by Mason Drayton