Video production firm lands $17M investment, expands to Las Vegas

TAMPA — Vū Technologies, a Tampa-based virtual reality production startup created by Tim Moore, the founder of Diamond View, has closed on a $17 million seed investment round led by ADX Labs, Topmark Partners and angel investment syndicates based in Tampa, Orlando and Texas.

The capital injection, according to a news release, will help fuel expansion. Last month, Vū Technologies opened a production studio in Las Vegas, and in January it established a similar facility in Nashville. The studios are advanced sound stages that allow video directors and producers to save time and money by shooting against fully immersive, high-definition LED screens.