Wales’ largest independent animation studio is planning further international expansion after securing a £600,000 capital investment from Finance Wales which will see it take a minority stake in the company. BAFTA award-winning company, Calon, will develop its internationally successful animation and children’s programming work through the expansion.
Anna Morrison joins from IFM Investors, where she managed the firm's fund-of-funds programme
Fund's predecessor, Isomer Capital Fund, closed on €150m in February 2016
Funding will be used to hire more staff, support product development and meet customer demand
True Core VII provides seed and early-stage capital, while True Select IV provides follow-on capital