TREY PARKER AND MATT STONE’S DEEP FAKE COMPANY DEEP VOODOO ANNOUNCES $20 MILLION INVESTMENT
CAA and NEA’s Connect Ventures leads the investment
LOS ANGELES, CA, December 20, 2022 — Deep Voodoo, the artificial intelligence entertainment startup formed by Trey Parker and Matt Stone, announced today that it has secured a $20 million investment 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 invested capital will accelerate Deep Voodoo’s development of its leading deep fake technology, cost-effective visual effects services, and original synthetic media projects.
Connect Ventures’ investment represents the first external capital raised by Deep Voodoo. Parker and Stone’s independent entertainment company, Park County, entirely funded Deep Voodoo’s research and development prior to this investment round.
“We stumbled upon this amazing technology and ended up recruiting the best deepfake artists in the world,” said Matt Stone. “We are psyched to share their brilliance with the Hollywood creative community.”
“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.”
Deep Voodoo began building the world’s leading proprietary deep fake technology in early 2020. Parker and Stone assembled a team of the world’s leading deep fake artists for a feature film they had developed. When the film was suspended due to the COVID-19 pandemic, they quickly pivoted to building the best-in-class deep fake tools in the industry today.
With Connect Ventures’ investment, Deep Voodoo has begun offering its unrivaled face-swapping visual effects to artists, producers, and creators around the world.
For media inquiries, please contact press@deepvoodoo.com.
ABOUT PARK COUNTY
Park County is an independent entertainment company established by Trey Parker and Matt Stone in 2012. In addition to South Park and The Book of Mormon, it produces independent films, founded Deep Voodoo, and recently acquired the iconic Casa Bonita restaurant, amongst other endeavors.
For Park County media inquiries, please contact Aileen Budow at aileenbudow@gmail.com.
ABOUT CONNECT VENTURES
Connect Ventures is an investment partnership between leading entertainment and sports agency Creative Artists Agency (CAA) and global venture capital firm New Enterprise Associates (NEA). Launched in 2020 to accelerate the growth of early-stage consumer-focused businesses, Connect Ventures draws on CAA’s resources, relationships, and expertise spanning the global entertainment and sports landscape and the deep domain and company building expertise of NEA’s world-class technology practice. The partnership’s investments include Spire Animation, FightCamp, Blacktag, Unless, OpenSea, Pair Eyewear, Candy Digital, Jomboy Media, Tally Labs, and Mojito, among others.
For Connect Ventures media inquiries, please contact Beth McClinton at beth.mcclinton@caa.com
