The Future Group secured NOK 50M to save itself from bankruptcy
The Future Group, an Oslo, Norway-based company, raised NOK 50M ($6.4M) in funding to save the company from bankruptcy. The money was secured from a range of existing investors and employees and will be used to keep the company afloat.
The Future Group, founded in 2013 by Jens Petter Høili and Bård Anders Kasin, developed a highly-scalable 3D visual effects platform. The platofrm can be used for development production that can instantly create both live photo-realistic effects and virtual sets that are seamlessly integrated with anything or anyone from the real world to create the first true IMR content.