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They plan to "accelerate Deep Voodoo’s development of its leading deepfake technology, cost-effective visual effects services, and original synthetic media projects."
South Park creators Trey Parker and Matt Stone have received a $20 million investment for their deepfake startup Deep Voodoo. This first funding was led by Connect Ventures, an investment partnership between leading entertainment and sports agency Creative Artists Agency (CAA) and global venture capital firm New Enterprise Associates (NEA).
The owners plan to use the money to “accelerate Deep Voodoo’s development of its leading deepfake technology, cost-effective visual effects services, and original synthetic media projects.”
“We stumbled upon this amazing technology and ended up recruiting the best deepfake artists in the world,” said Stone. “We are psyched to share their brilliance with the Hollywood creative community.”
We've seen Deep Voodoo in action in a deepfake version of 1984's Terminator starring Sylvester Stallone, Arnold Schwarzenegger, Brad Pitt, and Jim Carrey. The studio also collaborated with Kendrick Lamar to create a video for the song The Heart Part 5.
“Deep Voodoo has established itself as a leading synthetic media technology platform that has already impacted traditional entertainment. Deep Voodoo uses artificial intelligence to support productions in innovative ways that are faster and more cost-effective than traditional VFX technology,” said Michael Blank of Connect Ventures. “Connect Ventures is thrilled to lead the investment in Deep Voodoo, providing unique access to CAA and NEA’s resources and relationships.”
With this investment, Deep Voodoo "has begun offering its unrivaled face-swapping visual effects to artists, producers, and creators around the world," according to the announcement.
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