Dream Link Entertainment Invests in Creative Labs, a World-Class Digital-First Consumer Product Studio, Co-Founded by Creative Artists Agency
Dream Link Entertainment Invests in Creative Labs, a World-Class Digital-First Consumer Product Studio, Co-Founded by Creative Artists Agency
12/01/20, 5:10 PM
Location
los angelesCreative Labs, a digital studio co-founded by leading entertainment and sports agency Creative Artists Agency (CAA), has secured a $5 million investment commitment from Dream Link Entertainment (DLE,TYO:3686), a subsidiary of Asahi Broadcasting Group Holdings Corporation. This investment is the first close of a larger fundraise by Creative Labs to be completed over the next two quarters. DLE’s investment will occur over two tranches and through its affiliates; the first tranche of $2.7 million closed on November 17, 2020 through Pegasus Tech Ventures, a Silicon Valley-based global VC firm. In partnership with the leadership of Creative Labs, DLE will spearhead the launch of Creative Labs Japan, which will be headquartered in Tokyo, and focused on building new concepts for the Japanese market, in addition to bringing Japanese products and services to a global audience.
Company Info
Location
los angeles, california, united states
Additional Info
Founded between Vancouver, Canada, and Los Angeles, Creative Labs is a best-in-class digital product studio that identifies white spaces in popular culture and entertainment trends to ideate, co-found, and develop direct-to-consumer products, technology and companies in partnership with Creative Artists Agency (CAA). For more information please contact: Maura Rodgers maura@creativelabs.co